SYNTAX ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SYNTAX ApS
SYNTAX ApS (CVR number: 15155698) is a company from KØBENHAVN. The company recorded a gross profit of 685.3 kDKK in 2023. The operating profit was -10.4 kDKK, while net earnings were -12.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SYNTAX ApS's liquidity measured by quick ratio was 3.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 620.29 | 675.26 | 717.42 | 590.86 | 685.27 |
| EBIT | -22.35 | 24.94 | 62.55 | -78.95 | -10.35 |
| Net earnings | -26.45 | 18.77 | 40.48 | -82.91 | -12.48 |
| Shareholders equity total | 592.30 | 611.07 | 651.55 | 568.64 | 556.16 |
| Balance sheet total (assets) | 768.56 | 777.07 | 904.29 | 821.57 | 765.89 |
| Net debt | - 335.19 | - 285.93 | - 279.20 | - 333.98 | - 306.90 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -2.7 % | 3.2 % | 7.4 % | -9.1 % | -1.3 % |
| ROE | -4.4 % | 3.1 % | 6.4 % | -13.6 % | -2.2 % |
| ROI | -3.7 % | 4.1 % | 8.5 % | -9.5 % | -1.3 % |
| Economic value added (EVA) | -20.70 | 10.21 | 30.00 | -87.10 | -10.25 |
| Solvency | |||||
| Equity ratio | 77.1 % | 78.6 % | 72.1 % | 69.2 % | 72.6 % |
| Gearing | 32.3 % | 41.6 % | 35.5 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.0 | 4.4 | 3.5 | 3.1 | 3.5 |
| Current ratio | 4.0 | 4.4 | 3.5 | 3.1 | 3.5 |
| Cash and cash equivalents | 335.19 | 285.93 | 489.41 | 570.78 | 504.11 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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