SUN CHEMICAL A/S — Credit Rating and Financial Key Figures

CVR number: 21420018
Københavnsvej 112, 4600 Køge
niels.johansen@sunchemical.com
tel: 56677693

Credit rating

Company information

Official name
SUN CHEMICAL A/S
Personnel
13 persons
Established
1946
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales68 686.0056 923.005 775.00
Gross profit24 164.0013 480.005 775.008 036.001 900.00
EBIT-2 315.00-7 173.00-19 501.00-10 754.00-26 030.00
Net earnings-23 454.00-5 129.00-16 652.0018 578.00-24 521.00
Shareholders equity total48 316.0043 187.0026 535.0045 113.0020 592.00
Balance sheet total (assets)129 373.0091 344.0086 722.0065 492.0037 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 %
ROA2.7 %-3.6 %-13.7 %25.7 %-47.5 %
ROE-39.1 %-11.2 %-47.8 %51.9 %-74.6 %
ROI3.2 %-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 ratio37.3 %47.3 %30.6 %68.9 %54.5 %
Gearing19.4 %0.3 %0.6 %3.7 %0.0 %
Relative net indebtedness %-24.0 %-37.6 %-372.7 %
Liquidity
Quick ratio1.94.72.29.410.4
Current ratio1.94.72.29.410.4
Cash and cash equivalents59 655.0034 757.0039 251.0054 100.0028 757.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %56.9 %66.2 %382.6 %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-47.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.5%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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