SA Development ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SA Development ApS
SA Development ApS (CVR number: 40807519) is a company from SORØ. The company recorded a gross profit of -4 kDKK in 2023. The operating profit was -4 kDKK, while net earnings were -4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.4 %, which can be considered poor and Return on Equity (ROE) was -13.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.7 %, 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. SA Development ApS's liquidity measured by quick ratio was 7.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.64 | -4.00 | |||
EBIT | -2.64 | -4.00 | |||
Net earnings | -2.67 | -2.56 | -0.30 | -2.40 | -4.03 |
Shareholders equity total | 37.33 | 34.77 | 34.48 | 32.08 | 28.05 |
Balance sheet total (assets) | 77.33 | 77.27 | 76.98 | 118.58 | 118.55 |
Net debt | 42.67 | 2.73 | 3.02 | 30.55 | 31.95 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.7 % | -3.4 % | |||
ROE | -7.2 % | -7.1 % | -0.9 % | -7.2 % | -13.4 % |
ROI | -2.8 % | -3.6 % | |||
Economic value added (EVA) | 2.01 | 2.14 | -0.50 | -0.24 | |
Solvency | |||||
Equity ratio | 31.8 % | 45.0 % | 29.5 % | 27.1 % | 23.7 % |
Gearing | 214.3 % | 115.0 % | 116.0 % | 249.4 % | 285.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 14.9 | 14.8 | 12.1 | 7.5 |
Current ratio | 0.9 | 14.9 | 14.8 | 12.1 | 7.5 |
Cash and cash equivalents | 37.33 | 37.28 | 36.98 | 49.45 | 48.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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