SINNERUP EJENDOMME A/S — Credit Rating and Financial Key Figures

CVR number: 48574211
Nørregade 10, 7500 Holstebro

Credit rating

Company information

Official name
SINNERUP EJENDOMME A/S
Established
1973
Company form
Limited company
Industry

About SINNERUP EJENDOMME A/S

SINNERUP EJENDOMME A/S (CVR number: 48574211) is a company from HOLSTEBRO. The company recorded a gross profit of 6685 kDKK in 2023. The operating profit was 3307.7 kDKK, while net earnings were 3951.2 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 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39.9 %, 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. SINNERUP EJENDOMME 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 sales8 208.59
Gross profit6 153.686 316.136 964.127 146.056 685.02
EBIT2 837.811 806.853 640.833 740.713 307.67
Net earnings1 435.11528.681 900.311 535.783 951.22
Shareholders equity total106 853.91107 057.10110 968.52120 244.60118 960.97
Balance sheet total (assets)296 467.88297 018.22296 248.60300 830.99298 090.78
Net debt154 758.97147 705.56146 394.99141 964.53140 699.02
Profitability
EBIT-%34.6 %
ROA1.3 %1.0 %1.6 %1.7 %4.1 %
ROE1.3 %0.5 %1.7 %1.3 %3.3 %
ROI1.3 %1.0 %1.6 %1.7 %4.1 %
Economic value added (EVA)-10 832.07-11 655.81-9 842.53-10 435.95-10 261.81
Solvency
Equity ratio36.0 %36.0 %37.5 %40.0 %39.9 %
Gearing145.2 %138.5 %132.2 %118.3 %118.5 %
Relative net indebtedness %1902.4 %
Liquidity
Quick ratio0.30.30.11.10.1
Current ratio0.30.30.11.10.1
Cash and cash equivalents436.53527.05300.89252.12243.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-20.7 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:4.05%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.9%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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