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SUMMIT GROUP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SUMMIT GROUP ApS
SUMMIT GROUP ApS (CVR number: 32671772) is a company from HVIDOVRE. The company recorded a gross profit of -12.9 kDKK in 2024. The operating profit was -12.9 kDKK, while net earnings were 1766.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good and Return on Equity (ROE) was 13.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61.1 %, 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. SUMMIT GROUP ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -10.38 | -11.00 | -13.69 | -12.31 | -12.94 |
| EBIT | -10.38 | -11.00 | -13.69 | -12.31 | -12.94 |
| Net earnings | 1 647.79 | 877.55 | 2 381.81 | 3 441.80 | 1 766.06 |
| Shareholders equity total | 5 514.70 | 6 392.25 | 8 774.07 | 12 215.87 | 13 981.93 |
| Balance sheet total (assets) | 8 961.43 | 9 835.28 | 13 052.35 | 18 649.98 | 22 898.82 |
| Net debt | 3 437.35 | 3 433.65 | 4 266.91 | 6 422.73 | 8 905.51 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 20.1 % | 10.4 % | 21.7 % | 22.7 % | 9.7 % |
| ROE | 31.7 % | 14.7 % | 31.4 % | 32.8 % | 13.5 % |
| ROI | 20.1 % | 10.4 % | 21.8 % | 22.7 % | 9.7 % |
| Economic value added (EVA) | - 420.43 | - 458.42 | - 504.43 | - 664.91 | - 946.68 |
| Solvency | |||||
| Equity ratio | 61.5 % | 65.0 % | 67.2 % | 65.5 % | 61.1 % |
| Gearing | 62.3 % | 53.7 % | 48.6 % | 52.6 % | 63.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.0 | 0.4 | 0.5 | 0.7 | 0.8 |
| Current ratio | 0.0 | 0.4 | 0.5 | 0.7 | 0.8 |
| Cash and cash equivalents | |||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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