Sinding & Co. Ejendomsadministration A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sinding & Co. Ejendomsadministration A/S
Sinding & Co. Ejendomsadministration A/S (CVR number: 35856145) is a company from AARHUS. The company recorded a gross profit of 9340.6 kDKK in 2023. The operating profit was -517.4 kDKK, while net earnings were -280.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.8 %, which can be considered poor and Return on Equity (ROE) was -15.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.5 %, 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. Sinding & Co. Ejendomsadministration A/S's liquidity measured by quick ratio was 1.8 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 | 6 559.23 | 7 657.76 | 8 546.69 | 8 256.91 | 9 340.63 |
EBIT | 99.47 | 628.13 | - 207.30 | - 603.79 | - 517.43 |
Net earnings | 156.95 | 619.38 | 30.98 | - 305.24 | - 280.60 |
Shareholders equity total | 1 643.43 | 2 262.81 | 2 293.79 | 1 988.55 | 1 707.95 |
Balance sheet total (assets) | 3 852.83 | 8 382.33 | 7 077.68 | 5 082.14 | 3 927.92 |
Net debt | 329.28 | 2 686.74 | 190.81 | 32.20 | 41.27 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.6 % | 13.6 % | 1.1 % | -6.1 % | -7.8 % |
ROE | 8.6 % | 31.7 % | 1.4 % | -14.3 % | -15.2 % |
ROI | 9.1 % | 21.3 % | 2.2 % | -16.5 % | -18.6 % |
Economic value added (EVA) | -22.30 | 417.67 | - 275.38 | - 585.96 | - 504.12 |
Solvency | |||||
Equity ratio | 42.7 % | 27.0 % | 32.4 % | 39.1 % | 43.5 % |
Gearing | 32.5 % | 118.8 % | 8.5 % | 1.9 % | 2.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 1.5 | 1.5 | 1.6 | 1.8 |
Current ratio | 1.9 | 1.5 | 1.5 | 1.6 | 1.8 |
Cash and cash equivalents | 205.49 | 1.31 | 5.16 | 5.45 | 3.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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