SUN-AIR OF SCANDINAVIA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SUN-AIR OF SCANDINAVIA A/S
SUN-AIR OF SCANDINAVIA A/S (CVR number: 83591528) is a company from BILLUND. The company recorded a gross profit of 20.4 mDKK in 2023. The operating profit was -10.8 mDKK, while net earnings were -12.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -12.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.4 %, 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. SUN-AIR OF SCANDINAVIA A/S's liquidity measured by quick ratio was 2.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 59 153.00 | 11 155.00 | 27 676.00 | 42 622.00 | 20 368.00 |
EBIT | 36 708.00 | -11 233.00 | 8 960.00 | 24 971.00 | -10 759.00 |
Net earnings | 9 311.00 | -16 595.00 | -3 331.00 | -1 013.00 | -12 338.00 |
Shareholders equity total | 129 267.00 | 107 672.00 | 104 341.00 | 103 331.00 | 90 994.00 |
Balance sheet total (assets) | 412 167.00 | 385 066.00 | 354 595.00 | 351 548.00 | 325 269.00 |
Net debt | 89 427.00 | 78 460.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 8.5 % | -2.8 % | 2.4 % | 4.0 % | -3.0 % |
ROE | 7.5 % | -14.0 % | -3.1 % | -1.0 % | -12.7 % |
ROI | 9.2 % | -2.8 % | 2.4 % | 4.3 % | -3.7 % |
Economic value added (EVA) | 24 706.14 | -17 728.67 | 3 549.48 | 20 537.13 | -13 664.86 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 29.4 % | 28.4 % |
Gearing | 164.0 % | 178.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.1 | 2.9 | |||
Current ratio | 3.8 | 3.3 | |||
Cash and cash equivalents | 80 041.00 | 83 587.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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