SUNDSMARKVEJ 8-10 ApS — Credit Rating and Financial Key Figures

CVR number: 29419930
Hertug Hans Vej 25, 6400 Sønderborg
tel: 40879120

Credit rating

Company information

Official name
SUNDSMARKVEJ 8-10 ApS
Established
2006
Company form
Private limited company
Industry

About SUNDSMARKVEJ 8-10 ApS

SUNDSMARKVEJ 8-10 ApS (CVR number: 29419930) is a company from SØNDERBORG. The company recorded a gross profit of 67.8 kDKK in 2023. The operating profit was 47.8 kDKK, while net earnings were -10.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was -26.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 2.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SUNDSMARKVEJ 8-10 ApS's liquidity measured by quick ratio was 0 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 profit96.0087.0092.0087.0067.76
EBIT76.0067.0072.0067.0047.76
Net earnings22.0015.0018.0013.00-10.72
Shareholders equity total14.0032.0046.0035.08
Balance sheet total (assets)1 651.001 634.001 599.001 585.001 557.77
Net debt1 609.001 572.001 538.001 497.001 491.90
Profitability
EBIT-%
ROA4.5 %4.1 %4.5 %4.2 %3.0 %
ROE1.3 %1.8 %78.3 %33.3 %-26.5 %
ROI4.6 %4.2 %4.5 %4.3 %3.1 %
Economic value added (EVA)14.6411.4917.7614.403.75
Solvency
Equity ratio0.9 %2.0 %2.9 %2.3 %
Gearing11292.9 %4806.3 %3276.1 %4253.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents3.009.0010.000.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.04%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.25%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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