SINDBERG ENGINEERING ApS — Credit Rating and Financial Key Figures

CVR number: 35664041
Thors Top 18, 8700 Horsens
nos@sindbergengineering.dk
tel: 29294798

Credit rating

Company information

Official name
SINDBERG ENGINEERING ApS
Established
2014
Company form
Private limited company
Industry

About SINDBERG ENGINEERING ApS

SINDBERG ENGINEERING ApS (CVR number: 35664041) is a company from HORSENS. The company recorded a gross profit of 1030.5 kDKK in 2023. The operating profit was 920.8 kDKK, while net earnings were 487.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.3 %, which can be considered excellent and Return on Equity (ROE) was 26.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.6 %, 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. SINDBERG ENGINEERING ApS's liquidity measured by quick ratio was 4.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit716.07933.58776.82622.021 030.54
EBIT618.34880.28725.27562.58920.84
Net earnings348.59901.80906.381 211.20487.30
Shareholders equity total736.591 138.391 144.781 755.981 943.28
Balance sheet total (assets)1 450.912 137.392 336.862 608.662 471.48
Net debt- 801.58-1 344.14-1 331.57-2 140.41-2 063.24
Profitability
EBIT-%
ROA42.3 %65.0 %52.0 %63.1 %40.3 %
ROE42.9 %96.2 %79.4 %83.5 %26.3 %
ROI53.8 %84.6 %66.0 %80.0 %48.7 %
Economic value added (EVA)496.30709.08604.66485.92750.15
Solvency
Equity ratio50.8 %53.3 %49.0 %67.3 %78.6 %
Gearing51.9 %42.8 %65.6 %14.3 %12.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.01.93.04.7
Current ratio1.82.01.93.04.7
Cash and cash equivalents1 183.531 831.862 082.292 390.742 312.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:40.3%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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