Sonova Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 10317487
Østre Hougvej 42-44, 5500 Middelfart
tel: 38104686

Company information

Official name
Sonova Denmark A/S
Personnel
30 persons
Established
1986
Company form
Limited company
Industry

About Sonova Denmark A/S

Sonova Denmark A/S (CVR number: 10317487) is a company from MIDDELFART. The company reported a net sales of 149.4 mDKK in 2023, demonstrating a decline of -4.1 % compared to the previous year. The operating profit percentage was at 1.8 % (EBIT: 2.7 mDKK), while net earnings were 2228 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 53 %, 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 3.5 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales118.60117.68157.99155.75149.41
Gross profit21.7723.1517.8120.1822.79
EBIT1.866.010.920.862.66
Net earnings1.454.690.650.652.23
Shareholders equity total18.0622.7519.4020.0522.27
Balance sheet total (assets)55.2551.2838.4037.9842.00
Net debt19.959.410.18
Profitability
EBIT-%1.6 %5.1 %0.6 %0.6 %1.8 %
ROA3.9 %11.3 %2.1 %2.3 %7.2 %
ROE8.4 %23.0 %3.1 %3.3 %10.5 %
ROI4.7 %13.6 %2.6 %2.9 %9.1 %
Economic value added (EVA)0.623.81-0.43-0.311.05
Solvency
Equity ratio32.7 %44.4 %50.5 %52.8 %53.0 %
Gearing110.4 %41.4 %0.9 %
Relative net indebtedness %24.2 %17.1 %5.8 %5.0 %6.1 %
Liquidity
Quick ratio1.62.43.23.63.5
Current ratio1.72.53.64.24.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)34.150.938.842.248.6
Net working capital %17.8 %23.2 %15.4 %16.2 %18.9 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:7.19%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.0%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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