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 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 118.60 | 117.68 | 157.99 | 155.75 | 149.41 |
Gross profit | 21.77 | 23.15 | 17.81 | 20.18 | 22.79 |
EBIT | 1.86 | 6.01 | 0.92 | 0.86 | 2.66 |
Net earnings | 1.45 | 4.69 | 0.65 | 0.65 | 2.23 |
Shareholders equity total | 18.06 | 22.75 | 19.40 | 20.05 | 22.27 |
Balance sheet total (assets) | 55.25 | 51.28 | 38.40 | 37.98 | 42.00 |
Net debt | 19.95 | 9.41 | 0.18 | ||
Profitability | |||||
EBIT-% | 1.6 % | 5.1 % | 0.6 % | 0.6 % | 1.8 % |
ROA | 3.9 % | 11.3 % | 2.1 % | 2.3 % | 7.2 % |
ROE | 8.4 % | 23.0 % | 3.1 % | 3.3 % | 10.5 % |
ROI | 4.7 % | 13.6 % | 2.6 % | 2.9 % | 9.1 % |
Economic value added (EVA) | 0.62 | 3.81 | -0.43 | -0.31 | 1.05 |
Solvency | |||||
Equity ratio | 32.7 % | 44.4 % | 50.5 % | 52.8 % | 53.0 % |
Gearing | 110.4 % | 41.4 % | 0.9 % | ||
Relative net indebtedness % | 24.2 % | 17.1 % | 5.8 % | 5.0 % | 6.1 % |
Liquidity | |||||
Quick ratio | 1.6 | 2.4 | 3.2 | 3.6 | 3.5 |
Current ratio | 1.7 | 2.5 | 3.6 | 4.2 | 4.1 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 34.1 | 50.9 | 38.8 | 42.2 | 48.6 |
Net working capital % | 17.8 % | 23.2 % | 15.4 % | 16.2 % | 18.9 % |
Credit risk | |||||
Credit rating | AA | AA | A | A | A |
Variable visualization
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.