SANDERUM MALERFORRETNING ApS — Credit Rating and Financial Key Figures

CVR number: 10811740
Ågade 32, Næsby 5270 Odense N

Company information

Official name
SANDERUM MALERFORRETNING ApS
Personnel
4 persons
Established
1987
Domicile
Næsby
Company form
Private limited company
Industry

About SANDERUM MALERFORRETNING ApS

SANDERUM MALERFORRETNING ApS (CVR number: 10811740) is a company from ODENSE. The company recorded a gross profit of 1551.7 kDKK in 2023. The operating profit was 450.8 kDKK, while net earnings were 176.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 32.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SANDERUM MALERFORRETNING ApS's liquidity measured by quick ratio was 0.3 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 165.00870.001 636.001 036.001 551.72
EBIT271.00-47.00113.00308.00450.82
Net earnings151.00-65.0063.0093.00176.93
Shareholders equity total472.00296.00360.00452.00629.24
Balance sheet total (assets)1 890.001 916.002 119.005 959.005 710.00
Net debt936.00954.001 057.005 039.004 568.24
Profitability
EBIT-%
ROA10.3 %-2.4 %5.6 %7.6 %7.7 %
ROE33.5 %-16.9 %19.2 %22.9 %32.7 %
ROI12.5 %-3.4 %8.4 %8.9 %8.4 %
Economic value added (EVA)150.19-93.8938.64185.3798.03
Solvency
Equity ratio25.0 %15.4 %17.0 %7.6 %11.0 %
Gearing212.9 %327.4 %295.8 %1116.8 %730.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.30.20.3
Current ratio0.40.30.40.20.5
Cash and cash equivalents69.0015.008.009.0029.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:7.73%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.0%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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