SONFOR Varme A/S — Credit Rating and Financial Key Figures

SONFOR Varme A/S (CVR number: 36941650) is a company from SØNDERBORG. The company reported a net sales of 37.6 mDKK in 2023, demonstrating a growth of 23.2 % compared to the previous year. The operating profit percentage was at 21 % (EBIT: 7.9 mDKK), while net earnings were 2317 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was 67.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 0.9 %, 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. SONFOR Varme A/S's liquidity measured by quick ratio was 0.3 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.