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Sandkjær Udvikling ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sandkjær Udvikling ApS
Sandkjær Udvikling ApS (CVR number: 40551875) is a company from VEJLE. The company recorded a gross profit of -19.5 kDKK in 2025. The operating profit was -19.5 kDKK, while net earnings were 68 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 49.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Sandkjær Udvikling ApS's liquidity measured by quick ratio was 2 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -11.12 | 2 130.91 | 398.39 | -42.00 | -19.48 |
| EBIT | -11.12 | 2 130.91 | 398.39 | -42.00 | -19.48 |
| Net earnings | -18.30 | 1 651.60 | 307.24 | -35.70 | 68.04 |
| Shareholders equity total | 0.14 | 1 651.74 | 358.97 | 23.27 | 2 570.90 |
| Balance sheet total (assets) | 319.84 | 2 745.44 | 903.64 | 123.70 | 5 159.56 |
| Net debt | 273.25 | -2 694.88 | - 455.66 | 26.56 | 2 506.91 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -3.4 % | 139.0 % | 21.8 % | -8.2 % | 8.2 % |
| ROE | -197.0 % | 200.0 % | 30.6 % | -18.7 % | 5.2 % |
| ROI | -3.5 % | 215.7 % | 32.2 % | -9.1 % | 8.2 % |
| Economic value added (EVA) | -24.76 | 1 646.54 | 227.03 | -73.31 | -20.91 |
| Solvency | |||||
| Equity ratio | 0.0 % | 60.2 % | 39.7 % | 18.8 % | 49.8 % |
| Gearing | 221212.1 % | 0.9 % | 124.8 % | 388.5 % | 99.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 2.5 | 1.7 | 0.8 | 2.0 |
| Current ratio | 1.0 | 2.5 | 1.7 | 0.8 | 2.0 |
| Cash and cash equivalents | 36.45 | 2 709.06 | 903.64 | 63.86 | 52.55 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BBB | BBB | BBB |
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