SUNDSØRE FINANS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SUNDSØRE FINANS A/S
SUNDSØRE FINANS A/S (CVR number: 11055575) is a company from SKIVE. The company recorded a gross profit of -13.3 kDKK in 2023. The operating profit was -13.3 kDKK, while net earnings were 184.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 80.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SUNDSØRE FINANS A/S's liquidity measured by quick ratio was 4.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -46.30 | -39.46 | -9.38 | -11.88 | -13.34 |
EBIT | -46.30 | -39.46 | -9.38 | -11.88 | -13.34 |
Net earnings | 328.31 | -85.36 | 525.27 | - 400.99 | 184.56 |
Shareholders equity total | 3 481.48 | 3 067.81 | 3 593.08 | 2 680.53 | 2 865.09 |
Balance sheet total (assets) | 3 531.52 | 3 406.12 | 3 712.91 | 3 301.17 | 3 542.42 |
Net debt | -3 158.64 | -2 718.09 | -3 441.03 | -2 394.02 | -2 630.13 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.4 % | -3.3 % | 14.5 % | 11.0 % | 6.8 % |
ROE | 9.9 % | -2.6 % | 15.8 % | -12.8 % | 6.7 % |
ROI | 10.4 % | -3.3 % | 14.5 % | 11.0 % | 6.8 % |
Economic value added (EVA) | -9.90 | -54.87 | 6.30 | -6.99 | 14.44 |
Solvency | |||||
Equity ratio | 98.6 % | 90.1 % | 96.8 % | 81.2 % | 80.9 % |
Gearing | 10.7 % | 3.1 % | 22.8 % | 23.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 63.1 | 9.1 | 29.8 | 5.0 | 4.9 |
Current ratio | 63.1 | 9.1 | 29.8 | 5.0 | 4.9 |
Cash and cash equivalents | 3 158.64 | 3 046.39 | 3 550.86 | 3 004.66 | 3 297.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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