SANDMA HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SANDMA HOLDING A/S
SANDMA HOLDING A/S (CVR number: 12094299K) is a company from SØNDERBORG. The company reported a net sales of 760.8 mDKK in 2024, demonstrating a decline of -1.1 % compared to the previous year. The operating profit percentage was at 1 % (EBIT: 7.6 mDKK), while net earnings were 6971 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 63.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SANDMA HOLDING A/S's liquidity measured by quick ratio was 2.9 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 519.01 | 775.80 | 897.85 | 768.94 | 760.83 |
| Gross profit | 136.34 | 144.53 | 161.60 | 172.36 | 154.53 |
| EBIT | 28.30 | 23.44 | 29.30 | 32.88 | 7.59 |
| Net earnings | 19.82 | 14.95 | 23.60 | 27.14 | 6.97 |
| Shareholders equity total | 96.67 | 99.79 | 114.65 | 134.83 | 133.08 |
| Balance sheet total (assets) | 266.75 | 302.92 | 291.18 | 265.08 | 250.31 |
| Net debt | -96.04 | - 105.73 | -98.76 | - 100.86 | -76.41 |
| Profitability | |||||
| EBIT-% | 5.5 % | 3.0 % | 3.3 % | 4.3 % | 1.0 % |
| ROA | 12.2 % | 8.8 % | 10.6 % | 13.0 % | 5.2 % |
| ROE | 22.5 % | 15.2 % | 22.0 % | 21.8 % | 5.2 % |
| ROI | 20.7 % | 17.0 % | 20.3 % | 24.0 % | 9.8 % |
| Economic value added (EVA) | 16.02 | 10.91 | 15.82 | 17.48 | -1.06 |
| Solvency | |||||
| Equity ratio | 43.7 % | 40.3 % | 44.3 % | 58.3 % | 63.5 % |
| Gearing | 9.9 % | 7.6 % | 4.1 % | 2.4 % | 1.5 % |
| Relative net indebtedness % | 6.4 % | 6.2 % | 3.4 % | 3.4 % | 5.0 % |
| Liquidity | |||||
| Quick ratio | 3.0 | 2.9 | 2.7 | 2.5 | 2.9 |
| Current ratio | 2.0 | 1.9 | 2.1 | 1.9 | 2.0 |
| Cash and cash equivalents | 105.62 | 113.29 | 103.47 | 104.12 | 78.39 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 48.3 | 41.2 | 45.9 | 53.1 | 48.9 |
| Net working capital % | 21.9 % | 15.4 % | 13.9 % | 14.4 % | 14.6 % |
| Credit risk | |||||
| Credit rating | AAA | AA | A | AA | A |
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