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SANDGAARD INNOVATION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SANDGAARD INNOVATION A/S
SANDGAARD INNOVATION A/S (CVR number: 31419913) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -11.9 kDKK in 2024. The operating profit was -42 kDKK, while net earnings were -66.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor and Return on Equity (ROE) was -13.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -81.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SANDGAARD INNOVATION A/S's liquidity measured by quick ratio was 1.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 129.74 | 53.29 | 46.73 | 298.84 | -11.92 |
| EBIT | 33.66 | -62.38 | 0.97 | 266.19 | -41.96 |
| Net earnings | -88.60 | - 185.19 | -30.21 | 239.71 | -66.74 |
| Shareholders equity total | -2 090.79 | -2 275.98 | -2 306.20 | -2 066.48 | -2 133.22 |
| Balance sheet total (assets) | 1 008.51 | 931.26 | 867.73 | 483.26 | 491.90 |
| Net debt | 2 958.67 | 3 044.04 | 3 076.74 | 2 397.32 | 2 493.88 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.1 % | -2.0 % | 0.0 % | 9.3 % | -1.6 % |
| ROE | -8.2 % | -19.1 % | -3.4 % | 35.5 % | -13.7 % |
| ROI | 1.1 % | -2.0 % | 0.0 % | 9.7 % | -1.7 % |
| Economic value added (EVA) | -20.75 | - 112.35 | -40.40 | 226.89 | -61.00 |
| Solvency | |||||
| Equity ratio | -67.5 % | -71.0 % | -72.7 % | -81.0 % | -81.3 % |
| Gearing | -147.6 % | -136.2 % | -133.9 % | -118.3 % | -117.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 12.8 | 2.9 | 2.9 | 2.3 | 1.5 |
| Current ratio | 35.4 | 5.0 | 5.4 | 4.3 | 3.1 |
| Cash and cash equivalents | 126.55 | 55.06 | 11.66 | 48.04 | 15.29 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BB | BB | BB |
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