Sintec ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sintec ApS
Sintec ApS (CVR number: 42381861) is a company from KOLDING. The company recorded a gross profit of 626.7 kDKK in 2023. The operating profit was -117 kDKK, while net earnings were -90.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.8 %, which can be considered poor and Return on Equity (ROE) was -44.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Sintec ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 90.81 | 974.08 | 626.68 |
EBIT | - 183.45 | 282.95 | - 117.03 |
Net earnings | - 184.13 | 260.54 | -90.90 |
Shareholders equity total | 25.87 | 286.42 | 119.73 |
Balance sheet total (assets) | 54.98 | 489.46 | 415.37 |
Net debt | -49.16 | - 294.52 | - 281.49 |
Profitability | |||
EBIT-% | |||
ROA | -333.6 % | 103.9 % | -25.8 % |
ROE | -711.6 % | 166.9 % | -44.8 % |
ROI | -709.0 % | 181.2 % | -54.5 % |
Economic value added (EVA) | - 183.45 | 262.55 | -90.87 |
Solvency | |||
Equity ratio | 47.1 % | 58.5 % | 28.8 % |
Gearing | 18.0 % | ||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.9 | 2.7 | 1.4 |
Current ratio | 1.9 | 2.7 | 1.4 |
Cash and cash equivalents | 49.16 | 294.52 | 302.99 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | BBB | BB |
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