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Syndicate ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Syndicate ApS
Syndicate ApS (CVR number: 39592452) is a company from AARHUS. The company recorded a gross profit of 13.1 mDKK in 2025. The operating profit was -1151.5 kDKK, while net earnings were -885.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.9 %, which can be considered poor and Return on Equity (ROE) was -27.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.3 %, 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. Syndicate ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 8 517.25 | 11 646.54 | 15 917.82 | 15 870.47 | 13 133.77 |
| EBIT | 333.85 | 1 503.08 | 3 326.47 | 2 333.41 | -1 151.49 |
| Net earnings | 1 181.76 | 1 161.78 | 2 610.91 | 1 750.67 | - 885.81 |
| Shareholders equity total | 2 141.14 | 3 102.92 | 5 713.83 | 4 464.51 | 1 978.69 |
| Balance sheet total (assets) | 8 609.36 | 11 141.41 | 12 955.96 | 10 928.76 | 9 281.08 |
| Net debt | -2 128.74 | -1 221.78 | -1 831.37 | -1 905.57 | -1 155.91 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 19.4 % | 16.1 % | 27.9 % | 19.7 % | -10.9 % |
| ROE | 62.8 % | 44.3 % | 59.2 % | 34.4 % | -27.5 % |
| ROI | 59.9 % | 49.6 % | 72.5 % | 45.7 % | -33.6 % |
| Economic value added (EVA) | 144.52 | 995.26 | 2 433.17 | 1 505.47 | -1 138.56 |
| Solvency | |||||
| Equity ratio | 25.1 % | 27.9 % | 44.1 % | 40.9 % | 21.3 % |
| Gearing | 16.1 % | 0.8 % | 1.8 % | 2.6 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 1.5 | 2.1 | 2.0 | 1.3 |
| Current ratio | 1.4 | 1.5 | 2.1 | 2.0 | 1.3 |
| Cash and cash equivalents | 2 472.80 | 1 221.78 | 1 877.51 | 1 987.99 | 1 206.37 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | BBB | B |
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