SunStone Maritime Group A/S — Credit Rating and Financial Key Figures

CVR number: 14382844
Boltonvej 7, 2300 København S

Company information

Official name
SunStone Maritime Group A/S
Personnel
2 persons
Established
1990
Company form
Limited company
Industry

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 financials

Net sales (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2020
2021
2022
2023
2024
Volume
Net sales15 971.0013 947.0024 364.0015 373.7812 798.44
Gross profit12 252.0014 673.0018 708.006 346.455 021.22
EBIT5 401.007 294.009 413.00-3 268.51-2 769.03
Net earnings-1 711.005 215.00- 160.00-23 478.41-8 171.90
Shareholders equity total43 414.0051 539.0048 521.0025 219.3120 343.03
Balance sheet total (assets)137 226.00200 766.00184 884.00160 471.3985 617.89
Net debt54 676.0255 321.95
Profitability
EBIT-%33.8 %52.3 %38.6 %-21.3 %-21.6 %
ROA4.2 %4.3 %4.9 %3.7 %-1.0 %
ROE-3.9 %11.0 %-0.3 %-62.6 %-34.9 %
ROI4.2 %4.3 %4.9 %-9.5 %-1.1 %
Economic value added (EVA)3 151.115 112.456 823.17-5 714.16-9 827.76
Solvency
Equity ratio100.0 %100.0 %100.0 %15.7 %23.8 %
Gearing271.4 %272.4 %
Relative net indebtedness %789.3 %509.4 %
Liquidity
Quick ratio1.00.5
Current ratio1.00.5
Cash and cash equivalents13 761.0285.35
Capital use efficiency
Trade debtors turnover (days)33.4154.3
Net working capital %-57.3 %-66.9 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:-1.02%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.8%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member
Chairman of the board

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