SUN-AIR OF SCANDINAVIA A/S — Credit Rating and Financial Key Figures

CVR number: 83591528
Cumulusvej 10, 7190 Billund
tel: 76500100

Credit rating

Company information

Official name
SUN-AIR OF SCANDINAVIA A/S
Personnel
71 persons
Established
1980
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit59 153.0011 155.0027 676.0042 622.0020 368.00
EBIT36 708.00-11 233.008 960.0024 971.00-10 759.00
Net earnings9 311.00-16 595.00-3 331.00-1 013.00-12 338.00
Shareholders equity total129 267.00107 672.00104 341.00103 331.0090 994.00
Balance sheet total (assets)412 167.00385 066.00354 595.00351 548.00325 269.00
Net debt89 427.0078 460.00
Profitability
EBIT-%
ROA8.5 %-2.8 %2.4 %4.0 %-3.0 %
ROE7.5 %-14.0 %-3.1 %-1.0 %-12.7 %
ROI9.2 %-2.8 %2.4 %4.3 %-3.7 %
Economic value added (EVA)24 706.14-17 728.673 549.4820 537.13-13 664.86
Solvency
Equity ratio100.0 %100.0 %100.0 %29.4 %28.4 %
Gearing164.0 %178.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.12.9
Current ratio3.83.3
Cash and cash equivalents80 041.0083 587.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-3.02%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.4%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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