Sannung ApS — Credit Rating and Financial Key Figures

CVR number: 38376020
Strandvejen 61, 2100 København Ø
bo@sannung.dk
tel: 26375782

Company information

Official name
Sannung ApS
Established
2017
Company form
Private limited company
Industry

About Sannung ApS

Sannung ApS (CVR number: 38376020) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -82.6 % compared to the previous year. The operating profit percentage was at 74.7 % (EBIT: 0 mDKK), while net earnings were -347.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -21.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Sannung 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 sales10.5012.005.4025.894.50
Gross profit9.8411.405.3725.213.36
EBIT9.8411.405.3725.213.36
Net earnings228.44-1 017.36551.17- 131.94- 347.86
Shareholders equity total2 392.611 375.251 926.431 794.481 446.31
Balance sheet total (assets)2 875.011 874.771 940.191 798.671 446.31
Net debt-2 391.95-1 384.95-1 936.12-1 794.48-1 446.31
Profitability
EBIT-%93.8 %95.0 %99.4 %97.3 %74.7 %
ROA19.9 %0.5 %29.6 %1.3 %0.2 %
ROE10.0 %-54.0 %33.4 %-7.1 %-21.5 %
ROI20.4 %0.5 %29.8 %1.4 %0.2 %
Economic value added (EVA)40.1835.2730.4725.903.57
Solvency
Equity ratio83.2 %73.4 %99.3 %99.8 %100.0 %
Gearing19.9 %35.6 %0.2 %0.2 %
Relative net indebtedness %-22715.4 %-11460.4 %-35674.6 %-6930.4 %-32140.2 %
Liquidity
Quick ratio6.03.8141.0429.0
Current ratio6.03.8141.0429.0
Cash and cash equivalents2 867.511 874.771 940.191 798.671 446.31
Capital use efficiency
Trade debtors turnover (days)260.7
Net working capital %-4458.6 %-3930.1 %-28.8 %90.5 %588.4 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:0.21%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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