SCANLEASING DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SCANLEASING DANMARK A/S
SCANLEASING DANMARK A/S (CVR number: 36037024K) is a company from KOLDING. The company reported a net sales of 227.7 mDKK in 2018, demonstrating a growth of 52.7 % compared to the previous year. The operating profit percentage was at 6.2 % (EBIT: 14 mDKK), while net earnings were 6025.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 39 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SCANLEASING DANMARK A/S's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | |
---|---|---|
Volume | ||
Net sales | 149 116.87 | 227 659.03 |
Gross profit | 23 224.74 | 25 443.33 |
EBIT | 13 875.71 | 14 042.64 |
Net earnings | 3 706.50 | 6 025.25 |
Shareholders equity total | 12 420.62 | 18 445.87 |
Balance sheet total (assets) | 207 944.78 | 252 414.26 |
Net debt | 187 587.66 | 220 637.39 |
Profitability | ||
EBIT-% | 9.3 % | 6.2 % |
ROA | 7.5 % | 6.8 % |
ROE | 29.8 % | 39.0 % |
ROI | 7.6 % | 7.0 % |
Economic value added (EVA) | 8 791.99 | 11 047.01 |
Solvency | ||
Equity ratio | 16.7 % | 16.1 % |
Gearing | 1510.9 % | 1196.2 % |
Relative net indebtedness % | 126.9 % | 100.2 % |
Liquidity | ||
Quick ratio | 1.8 | 1.6 |
Current ratio | 2.0 | 1.7 |
Cash and cash equivalents | 74.60 | 14.99 |
Capital use efficiency | ||
Trade debtors turnover (days) | 432.3 | 365.0 |
Net working capital % | 67.8 % | 45.7 % |
Credit risk | ||
Credit rating | BBB | BBB |
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