A/S SINUS CODANUS — Credit Rating and Financial Key Figures
Credit rating
Company information
About A/S SINUS CODANUS
A/S SINUS CODANUS (CVR number: 78251611) is a company from AARHUS. The company reported a net sales of 0.7 mDKK in 2024, demonstrating a growth of 4.3 % compared to the previous year. The operating profit percentage was at 9.5 % (EBIT: 0.1 mDKK), while net earnings were -76.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A/S SINUS CODANUS's liquidity measured by quick ratio was 13 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 956.95 | 933.60 | 693.01 | 671.70 | 700.60 |
Gross profit | 4 299.70 | 4 354.36 | 172.72 | 2 231.77 | 163.70 |
EBIT | 4 196.26 | 4 317.79 | 102.51 | 2 145.30 | 66.38 |
Net earnings | 3 619.93 | 3 756.39 | 59.09 | 1 819.47 | -76.09 |
Shareholders equity total | 13 890.29 | 11 383.69 | 9 442.78 | 11 262.25 | 10 886.17 |
Balance sheet total (assets) | 18 299.73 | 15 330.27 | 12 435.51 | 12 625.80 | 11 812.44 |
Net debt | -2 076.36 | - 964.38 | 1 708.75 | - 908.33 | - 258.73 |
Profitability | |||||
EBIT-% | 438.5 % | 462.5 % | 14.8 % | 319.4 % | 9.5 % |
ROA | 24.4 % | 25.7 % | 0.7 % | 17.5 % | 0.5 % |
ROE | 29.1 % | 29.7 % | 0.6 % | 17.6 % | -0.7 % |
ROI | 25.2 % | 27.0 % | 0.8 % | 17.9 % | 0.6 % |
Economic value added (EVA) | 3 102.84 | 3 332.14 | - 298.18 | 1 260.76 | - 468.45 |
Solvency | |||||
Equity ratio | 75.9 % | 74.3 % | 75.9 % | 89.2 % | 92.2 % |
Gearing | 16.5 % | 18.6 % | 20.5 % | ||
Relative net indebtedness % | -119.5 % | -6.3 % | 266.4 % | -57.9 % | -22.2 % |
Liquidity | |||||
Quick ratio | 5.0 | 3.6 | 3.4 | 3.4 | 13.0 |
Current ratio | 4.9 | 3.6 | 3.4 | 3.4 | 13.0 |
Cash and cash equivalents | 4 368.02 | 3 079.59 | 230.04 | 908.33 | 258.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.2 | 0.2 | 0.2 | ||
Net working capital % | 418.0 % | 291.7 % | 92.4 % | 169.9 % | 111.3 % |
Credit risk | |||||
Credit rating | AA | AA | A | AA | A |
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