Sundvænget ApS — Credit Rating and Financial Key Figures

CVR number: 37471569
Sundvænget 2, 2900 Hellerup

Credit rating

Company information

Official name
Sundvænget ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Sundvænget ApS

Sundvænget ApS (CVR number: 37471569) is a company from GENTOFTE. The company recorded a gross profit of 179.5 kDKK in 2023. The operating profit was -2189.1 kDKK, while net earnings were 2319 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 21.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.7 %, 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. Sundvænget ApS's liquidity measured by quick ratio was 4.2 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 profit6 776.163 255.97- 191.162 243.15179.47
EBIT5 947.781 668.99-2 153.86-1 571.12-2 189.10
Net earnings4 956.541 577.546 594.943 253.262 318.99
Shareholders equity total6 659.887 937.4210 532.3712 285.638 994.72
Balance sheet total (assets)9 518.4216 828.5242 983.0848 141.1848 074.91
Net debt- 928.12- 719.60-1 566.78- 769.38-97.51
Profitability
EBIT-%
ROA83.2 %15.7 %25.1 %9.3 %7.1 %
ROE118.5 %21.6 %71.4 %28.5 %21.8 %
ROI111.9 %19.1 %26.7 %15.6 %31.6 %
Economic value added (EVA)4 597.641 043.97-2 208.37-2 016.80-2 545.41
Solvency
Equity ratio70.0 %47.2 %24.5 %25.5 %18.7 %
Gearing0.8 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.13.78.09.74.2
Current ratio3.13.78.09.74.2
Cash and cash equivalents928.12719.601 566.78864.46192.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:7.06%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.7%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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