SYDBANK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SYDBANK A/S
SYDBANK A/S (CVR number: 12626509K) is a company from AABENRAA. The company recorded a gross profit of 2762 mDKK in 2024. The operating profit was -1482 mDKK, while net earnings were 2762 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor but Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 8.1 %, 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. SYDBANK A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 228 000.00 | 2 648 000.00 | 2 695 000.00 | 2 518 000.00 | 2 762 000.00 |
EBIT | - 975 000.00 | - 662 000.00 | - 610 000.00 | - 943 000.00 | -1 482 000.00 |
Net earnings | 799 000.00 | 1 411 000.00 | 1 901 000.00 | 3 342 000.00 | 2 762 000.00 |
Shareholders equity total | 12 506 000.00 | 13 212 000.00 | 13 981 000.00 | 15 748 000.00 | 15 784 000.00 |
Balance sheet total (assets) | |||||
Net debt | -6 881 000.00 | -6 324 000.00 | -8 600 000.00 | -6 904 000.00 | -3 762 000.00 |
Profitability | |||||
EBIT-% | |||||
ROA | |||||
ROE | 6.4 % | 5.5 % | 7.0 % | 11.3 % | 8.8 % |
ROI | -1.0 % | -0.7 % | -0.9 % | -1.8 % | -1.8 % |
Economic value added (EVA) | - 763 001.96 | - 731 529.94 | - 724 220.57 | - 890 579.43 | -1 414 586.76 |
Solvency | |||||
Equity ratio | 7.5 % | 7.8 % | 7.8 % | 8.5 % | 8.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | -0.0 | ||||
Current ratio | -0.0 | ||||
Cash and cash equivalents | 6 881 000.00 | 6 324 000.00 | 8 600 000.00 | 6 904 000.00 | 3 762 000.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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