Selskabet af 09.06.2022 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Selskabet af 09.06.2022 A/S
Selskabet af 09.06.2022 A/S (CVR number: 31166381) is a company from HERNING. The company reported a net sales of 781.6 mDKK in 2020, demonstrating a decline of -6.9 % compared to the previous year. The operating profit percentage was poor at -2.1 % (EBIT: -16.7 mDKK), while net earnings were -11.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -20 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Selskabet af 09.06.2022 A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 027.44 | 704.23 | 784.14 | 839.22 | 781.62 |
Gross profit | 95.85 | 12.62 | 48.86 | 36.07 | 38.05 |
EBIT | 40.54 | -51.64 | -2.89 | -16.14 | -16.70 |
Net earnings | 32.60 | -39.95 | 2.21 | -11.80 | -11.57 |
Shareholders equity total | 115.68 | 55.73 | 72.94 | 61.14 | 54.57 |
Balance sheet total (assets) | 315.16 | 187.32 | 278.61 | 262.83 | 171.67 |
Net debt | - 138.81 | -86.66 | -66.24 | -78.05 | -54.84 |
Profitability | |||||
EBIT-% | 3.9 % | -7.3 % | -0.4 % | -1.9 % | -2.1 % |
ROA | 14.0 % | -19.2 % | 2.3 % | -3.9 % | -5.2 % |
ROE | 28.2 % | -46.6 % | 3.4 % | -17.6 % | -20.0 % |
ROI | 28.1 % | -41.5 % | 6.1 % | -11.1 % | -14.9 % |
Economic value added (EVA) | 31.51 | -37.43 | 1.10 | -9.86 | -8.87 |
Solvency | |||||
Equity ratio | 36.7 % | 29.7 % | 26.2 % | 23.3 % | 31.8 % |
Gearing | 0.2 % | 15.2 % | 27.5 % | 36.2 % | 1.7 % |
Relative net indebtedness % | 1.9 % | 3.5 % | 14.4 % | 11.4 % | 7.0 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.3 | 1.2 | 1.2 | 1.4 |
Current ratio | 1.7 | 1.3 | 1.2 | 1.2 | 1.4 |
Cash and cash equivalents | 139.03 | 95.10 | 86.33 | 100.20 | 55.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 30.9 | 23.8 | 61.7 | 31.1 | 19.5 |
Net working capital % | 11.3 % | 4.8 % | 5.4 % | 3.8 % | 5.2 % |
Credit risk | |||||
Credit rating | AA | BBB | BBB | BBB | BBB |
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