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 768.9 mDKK in 2023, demonstrating a decline of -14.4 % compared to the previous year. The operating profit percentage was at 4.3 % (EBIT: 32.9 mDKK), while net earnings were 27.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 21.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SANDMA HOLDING A/S's liquidity measured by quick ratio was 2.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 621.00 | 519.01 | 775.80 | 897.85 | 768.94 |
Gross profit | 108.10 | 136.34 | 144.53 | 161.60 | 172.36 |
EBIT | 8.63 | 28.30 | 23.44 | 29.30 | 32.88 |
Net earnings | 7.82 | 19.82 | 14.95 | 23.60 | 27.14 |
Shareholders equity total | 79.13 | 96.67 | 99.79 | 114.65 | 134.83 |
Balance sheet total (assets) | 208.20 | 266.75 | 302.92 | 291.18 | 265.08 |
Net debt | -89.56 | -96.04 | - 105.73 | -98.76 | - 100.86 |
Profitability | |||||
EBIT-% | 1.4 % | 5.5 % | 3.0 % | 3.3 % | 4.3 % |
ROA | 5.5 % | 12.2 % | 8.8 % | 10.6 % | 13.0 % |
ROE | 10.1 % | 22.5 % | 15.2 % | 22.0 % | 21.8 % |
ROI | 8.8 % | 20.7 % | 17.0 % | 20.3 % | 24.0 % |
Economic value added (EVA) | 6.49 | 22.89 | 17.85 | 23.73 | 24.92 |
Solvency | |||||
Equity ratio | 44.8 % | 43.7 % | 40.3 % | 44.3 % | 58.3 % |
Gearing | 15.5 % | 9.9 % | 7.6 % | 4.1 % | 2.4 % |
Relative net indebtedness % | -0.6 % | 6.4 % | 6.2 % | 3.4 % | 3.4 % |
Liquidity | |||||
Quick ratio | 4.0 | 3.0 | 2.9 | 2.7 | 2.5 |
Current ratio | 2.4 | 2.0 | 1.9 | 2.1 | 1.9 |
Cash and cash equivalents | 101.86 | 105.62 | 113.29 | 103.47 | 104.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 31.8 | 48.3 | 41.2 | 45.9 | 53.1 |
Net working capital % | 16.8 % | 21.9 % | 15.4 % | 13.9 % | 14.4 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | A | AA |
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