SAP DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SAP DANMARK A/S
SAP DANMARK A/S (CVR number: 11935680) is a company from KØBENHAVN. The company reported a net sales of 2296.9 mDKK in 2023, demonstrating a growth of 14.5 % compared to the previous year. The operating profit percentage was at 4 % (EBIT: 91.9 mDKK), while net earnings were 85.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 24.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SAP DANMARK A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 025.79 | 1 957.61 | 1 863.88 | 2 005.60 | 2 296.87 |
Gross profit | 2 025.79 | 1 957.61 | 1 863.88 | 614.76 | 633.49 |
EBIT | 2 025.79 | 1 957.61 | 1 863.88 | 146.84 | 91.94 |
Net earnings | 112.25 | 85.62 | |||
Shareholders equity total | 481.38 | 551.04 | 572.27 | 386.52 | 323.19 |
Balance sheet total (assets) | 1 146.78 | 1 360.93 | |||
Net debt | -78.89 | - 107.72 | |||
Profitability | |||||
EBIT-% | 100.0 % | 100.0 % | 100.0 % | 7.3 % | 4.0 % |
ROA | 481.7 % | 12.9 % | 8.5 % | ||
ROE | 11.7 % | 24.1 % | |||
ROI | 865.6 % | 38.1 % | 28.4 % | ||
Economic value added (EVA) | 2 013.93 | 1 933.42 | 1 836.19 | 82.63 | 50.96 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 33.6 % | 23.7 % |
Gearing | |||||
Relative net indebtedness % | 34.0 % | 40.5 % | |||
Liquidity | |||||
Quick ratio | 1.3 | 1.1 | |||
Current ratio | 1.3 | 1.1 | |||
Cash and cash equivalents | 78.89 | 107.72 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 146.7 | 143.5 | |||
Net working capital % | 10.0 % | 5.3 % | |||
Credit risk | |||||
Credit rating | B | B | B | A | A |
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