SUNTECH DANMARK ApS — Credit Rating and Financial Key Figures

CVR number: 34217165
Wagnersvej 12, 9200 Aalborg SV
info@suntech.dk
tel: 98117188

Credit rating

Company information

Official name
SUNTECH DANMARK ApS
Established
2012
Company form
Private limited company
Industry

About SUNTECH DANMARK ApS

SUNTECH DANMARK ApS (CVR number: 34217165) is a company from AALBORG. The company recorded a gross profit of 64.7 kDKK in 2023. The operating profit was 34.9 kDKK, while net earnings were 34.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 24.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.6 %, 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. SUNTECH DANMARK ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-71.61- 130.69-11.1447.2464.71
EBIT-71.61- 130.69-11.1423.0334.91
Net earnings-82.16- 134.21-23.3210.9634.95
Shareholders equity total271.55137.33114.01124.97159.92
Balance sheet total (assets)549.60478.88445.42442.26475.30
Net debt224.55252.91263.35259.00177.48
Profitability
EBIT-%
ROA-12.1 %-23.7 %-2.4 %5.2 %7.6 %
ROE-26.3 %-65.6 %-18.6 %9.2 %24.5 %
ROI-12.6 %-26.6 %-2.8 %5.8 %8.2 %
Economic value added (EVA)-89.22- 143.15-17.6817.7429.89
Solvency
Equity ratio49.4 %28.7 %25.6 %28.3 %33.6 %
Gearing91.3 %189.3 %238.6 %227.3 %180.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.20.10.30.4
Current ratio2.01.41.31.41.5
Cash and cash equivalents23.457.098.6525.00111.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:7.62%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.6%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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