Suir Engineering ApS — Credit Rating and Financial Key Figures

CVR number: 39960575
Lautrupsgade 7, 2100 København Ø

Credit rating

Company information

Official name
Suir Engineering ApS
Personnel
51 persons
Established
2018
Company form
Private limited company
Industry

About Suir Engineering ApS

Suir Engineering ApS (CVR number: 39960575) is a company from KØBENHAVN. The company recorded a gross profit of 84.3 mDKK in 2023. The operating profit was 7912.7 kDKK, while net earnings were 5225 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 88.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 4 %, 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. Suir Engineering ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit- 343.181 756.153 806.6241 679.7084 301.46
EBIT- 343.18392.09367.314 407.437 912.72
Net earnings- 344.05212.61223.952 764.025 224.96
Shareholders equity total- 294.05-81.44550.083 314.108 539.05
Balance sheet total (assets)139.4015 960.469 030.71176 093.89211 964.35
Net debt346.32-1 594.635 223.08- 536.0085 505.65
Profitability
EBIT-%
ROA-79.2 %4.8 %2.9 %4.8 %4.1 %
ROE-246.8 %2.6 %2.7 %143.1 %88.2 %
ROI-84.2 %12.3 %6.1 %20.4 %10.4 %
Economic value added (EVA)- 343.18409.94705.223 426.957 724.58
Solvency
Equity ratio-67.8 %-0.5 %6.1 %1.9 %4.0 %
Gearing-138.6 %-7328.4 %1010.2 %1018.0 %1253.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.31.01.11.01.0
Current ratio0.31.01.11.01.0
Cash and cash equivalents61.257 562.66333.7734 272.5921 549.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:4.08%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.03%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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