Ejendomsselskabet Sandved ApS — Credit Rating and Financial Key Figures

CVR number: 36533935
Møllevej 32, Tornemark 4262 Sandved

Credit rating

Company information

Official name
Ejendomsselskabet Sandved ApS
Established
2015
Domicile
Tornemark
Company form
Private limited company
Industry

About Ejendomsselskabet Sandved ApS

Ejendomsselskabet Sandved ApS (CVR number: 36533935) is a company from NÆSTVED. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 40 % compared to the previous year. The operating profit percentage was at 42.8 % (EBIT: 0.2 mDKK), while net earnings were -70.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was -83.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 1.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Ejendomsselskabet Sandved ApS's liquidity measured by quick ratio was 0 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales78.00225.20353.97375.52525.56
Gross profit- 104.88110.76175.41461.69283.60
EBIT- 118.8679.49144.14398.62224.83
Net earnings- 197.77-70.94-95.87110.67-70.69
Shareholders equity total175.77104.838.96119.6348.94
Balance sheet total (assets)2 558.272 677.744 476.454 264.664 316.16
Net debt-15.423.78-10.862 563.702 667.92
Profitability
EBIT-%-152.4 %35.3 %40.7 %106.2 %42.8 %
ROA-5.1 %3.0 %4.0 %9.5 %5.3 %
ROE-72.0 %-50.6 %-168.5 %172.1 %-83.9 %
ROI-9.3 %4.6 %5.9 %14.0 %8.3 %
Economic value added (EVA)- 142.0577.17161.16380.15113.90
Solvency
Equity ratio6.9 %3.9 %0.2 %2.8 %1.1 %
Gearing9.9 %13.0 %2158.4 %5517.0 %
Relative net indebtedness %2999.1 %1131.7 %1251.4 %1090.2 %798.7 %
Liquidity
Quick ratio0.10.20.10.10.0
Current ratio0.10.20.10.10.0
Cash and cash equivalents32.889.8210.8618.4832.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-927.7 %-341.4 %-316.5 %-420.7 %-349.3 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:5.32%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.13%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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