Sinding Invest III ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sinding Invest III ApS
Sinding Invest III ApS (CVR number: 38002716) is a company from HORSENS. The company recorded a gross profit of -11.2 kDKK in 2024. The operating profit was -11.2 kDKK, while net earnings were -169.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -10.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Sinding Invest III ApS's liquidity measured by quick ratio was 4.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.91 | -8.09 | -8.86 | -12.79 | -11.18 |
EBIT | -6.91 | -8.09 | -8.86 | -12.79 | -11.18 |
Net earnings | 122.69 | 359.52 | -59.06 | - 347.14 | - 169.70 |
Shareholders equity total | 2 134.82 | 2 437.84 | 2 264.38 | 1 799.44 | 1 507.74 |
Balance sheet total (assets) | 2 179.74 | 2 634.20 | 2 365.77 | 2 246.86 | 1 952.67 |
Net debt | -1 529.74 | -2 592.95 | -2 349.61 | -1 811.38 | -1 504.30 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.9 % | 19.6 % | 4.3 % | 1.2 % | -0.2 % |
ROE | 5.8 % | 15.7 % | -2.5 % | -17.1 % | -10.3 % |
ROI | 8.0 % | 20.4 % | 4.5 % | 1.3 % | -0.2 % |
Economic value added (EVA) | - 111.99 | - 113.56 | - 131.53 | - 127.20 | - 121.98 |
Solvency | |||||
Equity ratio | 97.9 % | 92.5 % | 95.7 % | 80.1 % | 77.2 % |
Gearing | 0.0 % | 1.7 % | 22.5 % | 29.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 48.5 | 13.4 | 23.3 | 5.0 | 4.4 |
Current ratio | 48.5 | 13.4 | 23.3 | 5.0 | 4.4 |
Cash and cash equivalents | 1 529.74 | 2 634.20 | 2 349.61 | 2 216.92 | 1 942.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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