Sønderbrogade 16 A/S — Credit Rating and Financial Key Figures

CVR number: 40623930
Sønderbrogade 16, 8700 Horsens
tel: 75629999

Credit rating

Company information

Official name
Sønderbrogade 16 A/S
Established
2019
Company form
Limited company
Industry

About Sønderbrogade 16 A/S

Sønderbrogade 16 A/S (CVR number: 40623930) is a company from HORSENS. The company recorded a gross profit of 3360.4 kDKK in 2023. The operating profit was -2145.3 kDKK, while net earnings were -2689 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.1 %, which can be considered poor and Return on Equity (ROE) was -12.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Sønderbrogade 16 A/S's liquidity measured by quick ratio was 0.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 830.531 910.351 955.592 227.973 360.42
EBIT1 830.531 910.351 955.592 227.97-2 145.27
Net earnings1 251.981 411.761 102.27803.41-2 689.02
Shareholders equity total14 401.7815 871.2622 789.9723 593.3820 904.36
Balance sheet total (assets)26 194.6927 386.8953 026.8753 610.0649 274.57
Net debt9 069.338 819.1627 436.0525 010.1124 421.12
Profitability
EBIT-%
ROA6.9 %7.1 %4.9 %4.2 %-4.1 %
ROE8.3 %9.3 %5.7 %3.5 %-12.1 %
ROI7.0 %7.3 %4.9 %4.3 %-4.3 %
Economic value added (EVA)224.81383.96308.87269.58-3 165.23
Solvency
Equity ratio55.0 %58.0 %43.0 %44.0 %42.4 %
Gearing64.1 %56.1 %122.2 %106.0 %116.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.00.1
Current ratio0.10.10.20.00.1
Cash and cash equivalents157.5591.69403.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAABBB

Variable visualization

ROA:-4.09%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.4%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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