Sand Estate ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sand Estate ApS
Sand Estate ApS (CVR number: 42595233) is a company from GLADSAXE. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a growth of 30 % compared to the previous year. The operating profit percentage was poor at -8.3 % (EBIT: -0.1 mDKK), while net earnings were -54.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.8 %, which can be considered poor and Return on Equity (ROE) was -34.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.4 %, 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. Sand Estate ApS's liquidity measured by quick ratio was 2.4 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 financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 508.00 | 660.24 |
Gross profit | 388.20 | 398.14 |
EBIT | 30.20 | -54.88 |
Net earnings | 23.01 | -54.55 |
Shareholders equity total | 187.40 | 132.85 |
Balance sheet total (assets) | 250.88 | 227.54 |
Net debt | - 170.90 | - 214.07 |
Profitability | ||
EBIT-% | 5.9 % | -8.3 % |
ROA | 12.0 % | -22.8 % |
ROE | 12.3 % | -34.1 % |
ROI | 16.1 % | -34.1 % |
Economic value added (EVA) | 23.56 | -55.71 |
Solvency | ||
Equity ratio | 74.7 % | 58.4 % |
Gearing | ||
Relative net indebtedness % | -21.1 % | -18.1 % |
Liquidity | ||
Quick ratio | 2.8 | 2.4 |
Current ratio | 2.8 | 2.4 |
Cash and cash equivalents | 170.90 | 214.07 |
Capital use efficiency | ||
Trade debtors turnover (days) | 3.5 | 7.4 |
Net working capital % | 22.1 % | 20.1 % |
Credit risk | ||
Credit rating | BBB | BB |
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