SINNERUP EJENDOMME A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 8 208.59 | ||||
Gross profit | 6 153.68 | 6 316.13 | 6 964.12 | 7 146.05 | 6 685.02 |
EBIT | 2 837.81 | 1 806.85 | 3 640.83 | 3 740.71 | 3 307.67 |
Net earnings | 1 435.11 | 528.68 | 1 900.31 | 1 535.78 | 3 951.22 |
Shareholders equity total | 106 853.91 | 107 057.10 | 110 968.52 | 120 244.60 | 118 960.97 |
Balance sheet total (assets) | 296 467.88 | 297 018.22 | 296 248.60 | 300 830.99 | 298 090.78 |
Net debt | 154 758.97 | 147 705.56 | 146 394.99 | 141 964.53 | 140 699.02 |
Profitability | |||||
EBIT-% | 34.6 % | ||||
ROA | 1.3 % | 1.0 % | 1.6 % | 1.7 % | 4.1 % |
ROE | 1.3 % | 0.5 % | 1.7 % | 1.3 % | 3.3 % |
ROI | 1.3 % | 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 ratio | 36.0 % | 36.0 % | 37.5 % | 40.0 % | 39.9 % |
Gearing | 145.2 % | 138.5 % | 132.2 % | 118.3 % | 118.5 % |
Relative net indebtedness % | 1902.4 % | ||||
Liquidity | |||||
Quick ratio | 0.3 | 0.3 | 0.1 | 1.1 | 0.1 |
Current ratio | 0.3 | 0.3 | 0.1 | 1.1 | 0.1 |
Cash and cash equivalents | 436.53 | 527.05 | 300.89 | 252.12 | 243.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -20.7 % | ||||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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