SANDVANG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SANDVANG ApS
SANDVANG ApS (CVR number: 35848851) is a company from HALSNÆS. The company recorded a gross profit of 9106.6 kDKK in 2024. The operating profit was 37.6 mDKK, while net earnings were 27.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.2 %, which can be considered excellent and Return on Equity (ROE) was 37 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.5 %, 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. SANDVANG ApS's liquidity measured by quick ratio was 0.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 370.75 | 8 958.04 | 9 045.80 | 9 166.22 | 9 106.57 |
EBIT | 10 271.56 | 27 724.03 | 9 117.03 | 9 604.81 | 37 571.18 |
Net earnings | 7 787.82 | 21 156.20 | 6 701.82 | 6 542.03 | 27 304.53 |
Shareholders equity total | 80 684.92 | 101 841.12 | 83 542.93 | 60 084.96 | 87 389.49 |
Balance sheet total (assets) | 249 231.11 | 270 596.93 | 246 206.94 | 217 995.62 | 246 543.21 |
Net debt | 128 580.56 | 124 740.07 | 120 636.22 | 116 481.16 | 112 770.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.8 % | 11.1 % | 4.0 % | 4.3 % | 16.2 % |
ROE | 10.1 % | 23.2 % | 7.2 % | 9.1 % | 37.0 % |
ROI | 4.9 % | 11.4 % | 4.1 % | 4.5 % | 16.8 % |
Economic value added (EVA) | -1 636.09 | 9 686.50 | -5 892.52 | -4 387.14 | 18 807.98 |
Solvency | |||||
Equity ratio | 32.4 % | 37.7 % | 34.0 % | 27.6 % | 35.5 % |
Gearing | 159.7 % | 122.5 % | 144.4 % | 193.9 % | 129.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.0 | 6.6 | 4.3 | 0.2 | 0.2 |
Current ratio | 6.8 | 6.4 | 4.2 | 0.2 | 0.2 |
Cash and cash equivalents | 243.65 | 4.62 | 4.68 | 31.46 | 16.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | A | A |
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