SUND AGRO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SUND AGRO A/S
SUND AGRO A/S (CVR number: 21824275) is a company from GULDBORGSUND. The company recorded a gross profit of -35.6 kDKK in 2023. The operating profit was -375.4 kDKK, while net earnings were 1888.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good but Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 66.4 %, 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. SUND AGRO A/S's liquidity measured by quick ratio was 3 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 | - 136.77 | -26.81 | 112.71 | - 135.70 | -35.62 |
EBIT | - 754.97 | - 575.98 | - 258.54 | - 451.15 | - 375.42 |
Net earnings | 4 399.08 | 1 304.02 | 4 931.44 | -2 819.15 | 1 888.89 |
Shareholders equity total | 25 789.68 | 26 093.70 | 31 025.14 | 28 206.00 | 30 094.89 |
Balance sheet total (assets) | 27 274.84 | 29 083.58 | 34 422.24 | 42 601.91 | 45 312.94 |
Net debt | -25 827.15 | -25 305.02 | -33 264.30 | -24 197.89 | -32 059.33 |
Profitability | |||||
EBIT-% | |||||
ROA | 18.7 % | 7.0 % | 19.0 % | 0.3 % | 8.0 % |
ROE | 18.6 % | 5.0 % | 17.3 % | -9.5 % | 6.5 % |
ROI | 19.6 % | 7.4 % | 20.5 % | 0.3 % | 8.4 % |
Economic value added (EVA) | - 715.35 | - 385.84 | - 211.50 | - 211.29 | 172.99 |
Solvency | |||||
Equity ratio | 94.6 % | 89.7 % | 90.1 % | 66.2 % | 66.4 % |
Gearing | 0.3 % | 3.2 % | 1.4 % | 43.4 % | 42.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 18.3 | 10.1 | 10.6 | 2.9 | 3.0 |
Current ratio | 18.3 | 10.1 | 10.6 | 2.9 | 3.0 |
Cash and cash equivalents | 25 898.04 | 26 138.70 | 33 693.77 | 36 447.19 | 44 738.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | A | AA |
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