SUNDAX INTERNATIONAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SUNDAX INTERNATIONAL A/S
SUNDAX INTERNATIONAL A/S (CVR number: 13701849) is a company from AABENRAA. The company reported a net sales of 358.6 mDKK in 2023, demonstrating a decline of -4.4 % compared to the previous year. The operating profit percentage was at 5.4 % (EBIT: 19.5 mDKK), while net earnings were 13.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25 %, which can be considered excellent and Return on Equity (ROE) was 43.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.2 %, 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. SUNDAX INTERNATIONAL A/S's liquidity measured by quick ratio was 1.7 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 181.65 | 235.26 | 375.03 | 358.58 | |
Gross profit | 16.54 | 14.93 | 16.15 | 21.75 | 26.35 |
EBIT | 10.71 | 7.30 | 10.43 | 14.99 | 19.51 |
Net earnings | 10.67 | 4.56 | 9.90 | 12.94 | 13.23 |
Shareholders equity total | 31.09 | 30.78 | 22.75 | 27.28 | 34.01 |
Balance sheet total (assets) | 61.71 | 62.50 | 73.81 | 83.52 | 78.76 |
Net debt | -8.52 | -7.76 | 2.27 | 7.75 | -35.85 |
Profitability | |||||
EBIT-% | 4.0 % | 4.4 % | 4.0 % | 5.4 % | |
ROA | 24.1 % | 12.3 % | 19.1 % | 22.9 % | 25.0 % |
ROE | 38.4 % | 14.7 % | 37.0 % | 51.7 % | 43.2 % |
ROI | 39.4 % | 19.1 % | 32.1 % | 40.9 % | 45.3 % |
Economic value added (EVA) | 8.01 | 4.95 | 7.66 | 11.34 | 14.54 |
Solvency | |||||
Equity ratio | 50.4 % | 49.2 % | 30.8 % | 32.7 % | 43.2 % |
Gearing | 25.3 % | 33.8 % | 75.0 % | 75.4 % | 22.4 % |
Relative net indebtedness % | 7.5 % | 15.4 % | 11.6 % | 0.3 % | |
Liquidity | |||||
Quick ratio | 1.4 | 1.7 | 1.2 | 1.1 | 1.7 |
Current ratio | 1.9 | 1.8 | 1.3 | 1.4 | 1.7 |
Cash and cash equivalents | 16.38 | 18.16 | 14.80 | 12.82 | 43.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 46.6 | 64.4 | 42.6 | 34.4 | |
Net working capital % | 14.7 % | 7.4 % | 5.8 % | 9.2 % | |
Credit risk | |||||
Credit rating | AAA | AA | A | A | A |
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