Sinch Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 26361710
Fruebjergvej 3, 2100 København Ø
tel: 33770117

Credit rating

Company information

Official name
Sinch Denmark ApS
Personnel
18 persons
Established
2001
Company form
Private limited company
Industry
  • Expand more icon61Telecommunications

About Sinch Denmark ApS

Sinch Denmark ApS (CVR number: 26361710) is a company from KØBENHAVN. The company recorded a gross profit of 27.7 mDKK in 2023. The operating profit was 13.9 mDKK, while net earnings were 12.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.6 %, which can be considered excellent and Return on Equity (ROE) was 19.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Sinch Denmark ApS's liquidity measured by quick ratio was 2.2 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 profit45 316.0046 684.0047 521.0025 317.0027 748.00
EBIT30 823.0032 495.0032 764.0010 894.0013 883.00
Net earnings25 003.0025 210.0025 476.007 923.0012 542.00
Shareholders equity total49 464.0074 986.00100 460.00108 381.0018 169.00
Balance sheet total (assets)129 772.0029 358.00
Net debt2 978.002 796.00
Profitability
EBIT-%
ROA119.5 %8.8 %20.6 %
ROE67.6 %20.3 %14.5 %3.8 %19.8 %
ROI119.5 %10.2 %24.7 %
Economic value added (EVA)29 589.7630 009.4328 995.953 431.655 786.62
Solvency
Equity ratio100.0 %100.0 %100.0 %83.5 %61.9 %
Gearing2.9 %15.4 %
Relative net indebtedness %
Liquidity
Quick ratio5.92.2
Current ratio5.92.2
Cash and cash equivalents128.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAAA

Variable visualization

ROA:20.6%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.9%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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