SANOVO TECHNOLOGY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SANOVO TECHNOLOGY A/S
SANOVO TECHNOLOGY A/S (CVR number: 85485911K) is a company from ODENSE. The company reported a net sales of 1576.4 mDKK in 2024, demonstrating a growth of 3 % compared to the previous year. The operating profit percentage was at 9.7 % (EBIT: 153.4 mDKK), while net earnings were 105.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.9 %, which can be considered good but Return on Equity (ROE) was 25.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.2 %, 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. SANOVO TECHNOLOGY A/S's liquidity measured by quick ratio was 1.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 861.75 | 1 043.11 | 1 111.14 | 1 530.15 | 1 576.39 |
Gross profit | 338.99 | 400.44 | 407.27 | 553.28 | 597.32 |
EBIT | 62.09 | 62.47 | 66.41 | 140.43 | 153.43 |
Net earnings | 21.95 | 41.19 | 41.56 | 100.48 | 105.80 |
Shareholders equity total | 215.87 | 268.78 | 316.88 | 382.15 | 450.96 |
Balance sheet total (assets) | 699.82 | 789.67 | 903.42 | 1 073.77 | 1 230.95 |
Net debt | -86.05 | 103.29 | -0.90 | -39.78 | -4.32 |
Profitability | |||||
EBIT-% | 7.2 % | 6.0 % | 6.0 % | 9.2 % | 9.7 % |
ROA | 9.3 % | 10.9 % | 10.4 % | 15.4 % | 13.9 % |
ROE | 9.9 % | 17.6 % | 15.1 % | 29.5 % | 25.4 % |
ROI | 9.3 % | 13.8 % | 19.2 % | 32.8 % | 29.2 % |
Economic value added (EVA) | 50.70 | 33.76 | 21.05 | 74.03 | 86.02 |
Solvency | |||||
Equity ratio | 100.0 % | 37.4 % | 44.4 % | 44.2 % | 50.2 % |
Gearing | 63.2 % | 30.2 % | 15.3 % | 22.4 % | |
Relative net indebtedness % | -10.0 % | 39.9 % | 41.3 % | 35.9 % | 39.1 % |
Liquidity | |||||
Quick ratio | 1.0 | 1.2 | 1.1 | 1.4 | |
Current ratio | 1.4 | 1.3 | 1.3 | 1.3 | |
Cash and cash equivalents | 86.05 | 66.51 | 96.62 | 98.39 | 105.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 62.3 | 57.6 | 57.5 | 69.2 | |
Net working capital % | 10.0 % | 13.3 % | 12.6 % | 10.4 % | 12.2 % |
Credit risk | |||||
Credit rating | BBB | AAA | AA | AA | AA |
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