SUN BAY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SUN BAY ApS
SUN BAY ApS (CVR number: 19432939) is a company from KØBENHAVN. The company recorded a gross profit of 15 kDKK in 2024. The operating profit was -410.7 kDKK, while net earnings were -368.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.3 %, which can be considered poor and Return on Equity (ROE) was -15.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SUN BAY ApS's liquidity measured by quick ratio was 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 276.11 | -92.87 | 422.72 | -75.54 | 14.96 |
EBIT | -3 665.77 | - 222.75 | 264.65 | - 200.76 | - 410.67 |
Net earnings | -2 987.51 | - 154.03 | 246.17 | - 156.71 | - 368.88 |
Shareholders equity total | 2 655.04 | 2 501.01 | 2 747.18 | 2 590.48 | 2 221.60 |
Balance sheet total (assets) | 4 008.16 | 4 845.39 | 3 662.74 | 3 489.08 | 3 139.53 |
Net debt | 1 071.89 | 829.83 | 423.66 | 801.63 | 764.66 |
Profitability | |||||
EBIT-% | |||||
ROA | -49.6 % | -3.3 % | 8.3 % | -3.8 % | -10.3 % |
ROE | -72.0 % | -6.0 % | 9.4 % | -5.9 % | -15.3 % |
ROI | -51.7 % | -3.7 % | 9.4 % | -3.9 % | -10.6 % |
Economic value added (EVA) | -3 160.66 | - 312.90 | 106.35 | - 326.92 | - 545.00 |
Solvency | |||||
Equity ratio | 66.2 % | 57.4 % | 75.0 % | 74.2 % | 70.8 % |
Gearing | 40.8 % | 60.1 % | 28.9 % | 31.8 % | 35.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.4 | 2.8 | 4.8 | 4.4 | 4.0 |
Current ratio | 3.4 | 2.2 | 4.8 | 4.6 | 4.0 |
Cash and cash equivalents | 11.80 | 674.20 | 370.72 | 22.03 | 32.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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