SINDING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 13209782
Carolinelundsvej 47, 8700 Horsens
tel: 75623363

Credit rating

Company information

Official name
SINDING HOLDING ApS
Established
1989
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About SINDING HOLDING ApS

SINDING HOLDING ApS (CVR number: 13209782) is a company from HORSENS. The company recorded a gross profit of -197.1 kDKK in 2023. The operating profit was -203.9 kDKK, while net earnings were 1280.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good but Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SINDING HOLDING ApS's liquidity measured by quick ratio was 22.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-94.24-25.02194.41- 188.32- 197.10
EBIT- 243.67- 153.28187.57- 195.16- 203.94
Net earnings2 535.684 205.351 928.211 302.071 280.93
Shareholders equity total31 708.6236 004.7837 932.9939 235.0640 515.99
Balance sheet total (assets)34 057.2038 903.1541 049.8042 383.0143 768.55
Net debt-7 754.93-10 825.91-13 822.06-16 139.60-19 966.60
Profitability
EBIT-%
ROA9.7 %15.2 %5.9 %5.5 %8.9 %
ROE8.4 %12.4 %5.2 %3.4 %3.2 %
ROI9.9 %15.5 %6.1 %5.6 %9.0 %
Economic value added (EVA)- 192.97- 107.92188.87- 409.79- 319.97
Solvency
Equity ratio93.2 %92.6 %92.5 %92.6 %92.6 %
Gearing0.5 %0.5 %0.7 %1.1 %1.5 %
Relative net indebtedness %
Liquidity
Quick ratio19.914.719.121.722.9
Current ratio23.017.821.824.926.1
Cash and cash equivalents7 908.2111 009.8814 092.4016 585.3920 570.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:8.89%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.6%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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