Sindico Group A/S

CVR number: 32347215
Strøget 38, 7430 Ikast
info@sindico.dk
tel: 96606700
www.sindico.dk

Credit rating

Company information

Official name
Sindico Group A/S
Personnel
31 persons
Established
2013
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Sindico Group A/S

Sindico Group A/S (CVR number: 32347215K) is a company from IKAST-BRANDE. The company reported a net sales of 527.2 mDKK in 2023, demonstrating a growth of 19.7 % compared to the previous year. The operating profit percentage was at 6 % (EBIT: 31.4 mDKK), while net earnings were 17.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good but Return on Equity (ROE) was 31.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.3 %, 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. Sindico Group A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020202120222023
Volume
Net sales384.73440.37527.22
Gross profit109.38153.06165.79184.62
EBIT29.8238.7429.4331.44
Net earnings21.8131.5531.5217.54
Shareholders equity total49.8071.2092.7285.70
Balance sheet total (assets)166.39246.09293.67339.62
Net debt25.2739.18105.31134.40
Profitability
EBIT-%10.1 %6.7 %6.0 %
ROA18.2 %21.2 %15.4 %12.4 %
ROE72.2 %84.4 %63.3 %31.6 %
ROI32.9 %36.9 %22.0 %14.4 %
Economic value added (EVA)23.1426.7624.3819.39
Solvency
Equity ratio34.7 %33.0 %34.3 %27.3 %
Gearing84.6 %103.2 %123.6 %171.0 %
Relative net indebtedness %36.5 %43.4 %45.8 %
Liquidity
Quick ratio0.60.60.40.4
Current ratio1.91.71.51.3
Cash and cash equivalents16.8634.309.3112.15
Capital use efficiency
Trade debtors turnover (days)13.49.916.8
Net working capital %22.6 %15.1 %10.3 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.4%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.3%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Board member
Board member

Companies in the same industry

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