C.B. SØNDERVANG A/S — Credit Rating and Financial Key Figures

CVR number: 10065895
Kystvej 78, 8500 Grenaa
Ingemadsen2008@live.dk
tel: 31125860

Credit rating

Company information

Official name
C.B. SØNDERVANG A/S
Established
1985
Company form
Limited company
Industry

About C.B. SØNDERVANG A/S

C.B. SØNDERVANG A/S (CVR number: 10065895) is a company from NORDDJURS. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -26.5 kDKK, while net earnings were 422.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good and Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. C.B. SØNDERVANG A/S's liquidity measured by quick ratio was 4.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales414.3515.87
Gross profit405.8615.87610.19-2.00
EBIT367.09-10.63590.88-29.48-26.54
Net earnings366.06-11.69590.74- 629.44422.64
Shareholders equity total4 658.534 591.545 125.784 439.144 802.89
Balance sheet total (assets)5 011.334 644.845 213.644 587.684 834.96
Net debt- 416.63-31.12-19.2763.93- 129.91
Profitability
EBIT-%88.6 %-67.0 %
ROA7.0 %-0.2 %12.0 %-12.8 %9.0 %
ROE8.2 %-0.3 %12.2 %-13.2 %9.1 %
ROI7.1 %-0.2 %12.0 %-12.9 %9.0 %
Economic value added (EVA)331.40- 207.32363.14- 282.92- 246.61
Solvency
Equity ratio93.0 %98.9 %98.3 %96.8 %99.3 %
Gearing7.0 %0.6 %1.2 %2.8 %0.1 %
Relative net indebtedness %-94.5 %-38.6 %
Liquidity
Quick ratio2.12.31.00.94.3
Current ratio2.12.31.00.94.3
Cash and cash equivalents744.4359.4282.1359.61136.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %94.5 %440.8 %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:8.97%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 90/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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