SFM-SUMMERTIME FINANS-INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SFM-SUMMERTIME FINANS-INVEST A/S
SFM-SUMMERTIME FINANS-INVEST A/S (CVR number: 16228230) is a company from KØBENHAVN. The company recorded a gross profit of -207.3 kDKK in 2023. The operating profit was -264.8 kDKK, while net earnings were 1137 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good but Return on Equity (ROE) was 23.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.9 %, 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. SFM-SUMMERTIME FINANS-INVEST A/S's liquidity measured by quick ratio was 0.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.45 | -23.61 | 436.08 | - 258.87 | - 207.27 |
EBIT | -64.96 | -81.12 | 378.57 | - 412.71 | - 264.77 |
Net earnings | - 236.15 | 160.50 | 1 078.67 | 181.92 | 1 137.04 |
Shareholders equity total | 2 760.32 | 2 920.82 | 3 999.49 | 4 181.41 | 5 318.45 |
Balance sheet total (assets) | 6 390.75 | 7 175.24 | 8 280.42 | 8 542.91 | 10 655.28 |
Net debt | 2 670.73 | 2 539.23 | 2 739.33 | 3 849.61 | 4 238.90 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.2 % | 3.4 % | 15.7 % | 1.9 % | 12.0 % |
ROE | -8.2 % | 5.7 % | 31.2 % | 4.4 % | 23.9 % |
ROI | -1.3 % | 3.8 % | 17.9 % | 2.0 % | 12.5 % |
Economic value added (EVA) | - 115.18 | - 139.92 | 248.53 | - 339.08 | - 201.88 |
Solvency | |||||
Equity ratio | 43.2 % | 40.7 % | 48.3 % | 48.9 % | 49.9 % |
Gearing | 115.5 % | 104.1 % | 82.7 % | 95.2 % | 86.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 1.1 | 1.2 | 0.8 | 0.8 |
Current ratio | 3.3 | 1.6 | 1.7 | 1.3 | 1.1 |
Cash and cash equivalents | 517.48 | 500.42 | 567.56 | 131.56 | 353.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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