Sonova Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sonova Denmark A/S
Sonova Denmark A/S (CVR number: 10317487) is a company from MIDDELFART. The company reported a net sales of 157.6 mDKK in 2024, demonstrating a growth of 5.5 % compared to the previous year. The operating profit percentage was at 2.6 % (EBIT: 4.2 mDKK), while net earnings were 3375 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good and Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50.7 %, 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. Sonova Denmark A/S's liquidity measured by quick ratio was 2.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 117.68 | 157.99 | 155.75 | 149.41 | 157.55 |
| Gross profit | 23.15 | 17.81 | 20.18 | 22.79 | 26.43 |
| EBIT | 6.01 | 0.92 | 0.86 | 2.66 | 4.17 |
| Net earnings | 4.69 | 0.65 | 0.65 | 2.23 | 3.38 |
| Shareholders equity total | 22.75 | 19.40 | 20.05 | 22.27 | 25.65 |
| Balance sheet total (assets) | 51.28 | 38.40 | 37.98 | 42.00 | 50.57 |
| Net debt | 9.41 | 0.18 | 3.05 | ||
| Profitability | |||||
| EBIT-% | 5.1 % | 0.6 % | 0.6 % | 1.8 % | 2.6 % |
| ROA | 11.3 % | 2.1 % | 2.3 % | 7.2 % | 9.5 % |
| ROE | 23.0 % | 3.1 % | 3.3 % | 10.5 % | 14.1 % |
| ROI | 13.6 % | 2.6 % | 2.9 % | 9.1 % | 12.3 % |
| Economic value added (EVA) | 2.38 | -1.33 | -0.81 | 0.54 | 1.59 |
| Solvency | |||||
| Equity ratio | 44.4 % | 50.5 % | 52.8 % | 53.0 % | 50.7 % |
| Gearing | 41.4 % | 0.9 % | 11.9 % | ||
| Relative net indebtedness % | 17.1 % | 5.8 % | 5.0 % | 6.1 % | 9.5 % |
| Liquidity | |||||
| Quick ratio | 2.4 | 3.2 | 3.6 | 3.5 | 2.3 |
| Current ratio | 2.5 | 3.6 | 4.2 | 4.1 | 2.8 |
| Cash and cash equivalents | |||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 50.9 | 38.8 | 42.2 | 48.6 | 59.3 |
| Net working capital % | 23.2 % | 15.4 % | 16.2 % | 18.9 % | 17.0 % |
| Credit risk | |||||
| Credit rating | AA | A | A | A | AA |
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