SunStone Maritime Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SunStone Maritime Group A/S
SunStone Maritime Group A/S (CVR number: 14382844K) is a company from KØBENHAVN. The company reported a net sales of 12.8 mUSD in 2024, demonstrating a decline of -16.8 % compared to the previous year. The operating profit percentage was poor at -21.6 % (EBIT: -2.8 mUSD), while net earnings were -8171.9 kUSD. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -34.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SunStone Maritime Group A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 15 971.00 | 13 947.00 | 24 364.00 | 15 373.78 | 12 798.44 |
Gross profit | 12 252.00 | 14 673.00 | 18 708.00 | 6 346.45 | 5 021.22 |
EBIT | 5 401.00 | 7 294.00 | 9 413.00 | -3 268.51 | -2 769.03 |
Net earnings | -1 711.00 | 5 215.00 | - 160.00 | -23 478.41 | -8 171.90 |
Shareholders equity total | 43 414.00 | 51 539.00 | 48 521.00 | 25 219.31 | 20 343.03 |
Balance sheet total (assets) | 137 226.00 | 200 766.00 | 184 884.00 | 160 471.39 | 85 617.89 |
Net debt | 54 676.02 | 55 321.95 | |||
Profitability | |||||
EBIT-% | 33.8 % | 52.3 % | 38.6 % | -21.3 % | -21.6 % |
ROA | 4.2 % | 4.3 % | 4.9 % | 3.7 % | -1.0 % |
ROE | -3.9 % | 11.0 % | -0.3 % | -62.6 % | -34.9 % |
ROI | 4.2 % | 4.3 % | 4.9 % | -9.5 % | -1.1 % |
Economic value added (EVA) | 3 151.11 | 5 112.45 | 6 823.17 | -5 714.16 | -9 827.76 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 15.7 % | 23.8 % |
Gearing | 271.4 % | 272.4 % | |||
Relative net indebtedness % | 789.3 % | 509.4 % | |||
Liquidity | |||||
Quick ratio | 1.0 | 0.5 | |||
Current ratio | 1.0 | 0.5 | |||
Cash and cash equivalents | 13 761.02 | 85.35 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 33.4 | 154.3 | |||
Net working capital % | -57.3 % | -66.9 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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