SUN CHEMICAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SUN CHEMICAL A/S
SUN CHEMICAL A/S (CVR number: 21420018) is a company from KØGE. The company recorded a gross profit of 1900 kDKK in 2023. The operating profit was -26 mDKK, while net earnings were -24.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -47.5 %, which can be considered poor and Return on Equity (ROE) was -74.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.5 %, 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. SUN CHEMICAL A/S's liquidity measured by quick ratio was 10.4 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 68 686.00 | 56 923.00 | 5 775.00 | ||
Gross profit | 24 164.00 | 13 480.00 | 5 775.00 | 8 036.00 | 1 900.00 |
EBIT | -2 315.00 | -7 173.00 | -19 501.00 | -10 754.00 | -26 030.00 |
Net earnings | -23 454.00 | -5 129.00 | -16 652.00 | 18 578.00 | -24 521.00 |
Shareholders equity total | 48 316.00 | 43 187.00 | 26 535.00 | 45 113.00 | 20 592.00 |
Balance sheet total (assets) | 129 373.00 | 91 344.00 | 86 722.00 | 65 492.00 | 37 761.00 |
Net debt | -50 282.00 | -34 638.00 | -39 088.00 | -52 420.00 | -28 752.00 |
Profitability | |||||
EBIT-% | -3.4 % | -12.6 % | -337.7 % | ||
ROA | 2.7 % | -3.6 % | -13.7 % | 25.7 % | -47.5 % |
ROE | -39.1 % | -11.2 % | -47.8 % | 51.9 % | -74.6 % |
ROI | 3.2 % | -4.6 % | -15.0 % | 27.1 % | -51.1 % |
Economic value added (EVA) | -2 326.70 | -7 698.27 | -25 627.05 | -10 119.09 | -25 578.40 |
Solvency | |||||
Equity ratio | 37.3 % | 47.3 % | 30.6 % | 68.9 % | 54.5 % |
Gearing | 19.4 % | 0.3 % | 0.6 % | 3.7 % | 0.0 % |
Relative net indebtedness % | -24.0 % | -37.6 % | -372.7 % | ||
Liquidity | |||||
Quick ratio | 1.9 | 4.7 | 2.2 | 9.4 | 10.4 |
Current ratio | 1.9 | 4.7 | 2.2 | 9.4 | 10.4 |
Cash and cash equivalents | 59 655.00 | 34 757.00 | 39 251.00 | 54 100.00 | 28 757.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 56.9 % | 66.2 % | 382.6 % | ||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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