SHERWIN-WILLIAMS DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 24502511
Nystedvej 5, 7400 Herning
tel: 97216211

Credit rating

Company information

Official name
SHERWIN-WILLIAMS DENMARK A/S
Personnel
19 persons
Established
1967
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About SHERWIN-WILLIAMS DENMARK A/S

SHERWIN-WILLIAMS DENMARK A/S (CVR number: 24502511) is a company from HERNING. The company recorded a gross profit of 17 mDKK in 2023. The operating profit was 1067.2 kDKK, while net earnings were 1318.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.1 %, 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. SHERWIN-WILLIAMS DENMARK A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit16 460.4026 922.4527 496.1527 523.2117 048.90
EBIT3 525.66-4 605.74899.381 546.661 067.21
Net earnings2 497.88-4 813.03- 373.06862.621 318.48
Shareholders equity total58 962.0349 149.0043 775.9344 638.5545 957.03
Balance sheet total (assets)65 008.3076 815.2385 226.7473 922.3866 479.29
Net debt-1 081.2614 698.3020 833.312 856.915 609.28
Profitability
EBIT-%
ROA7.4 %-6.5 %1.1 %1.9 %2.8 %
ROE5.9 %-8.9 %-0.8 %2.0 %2.9 %
ROI7.9 %-7.1 %1.2 %2.3 %3.6 %
Economic value added (EVA)1 598.90-6 440.65-1 520.52- 428.58-1 015.11
Solvency
Equity ratio90.7 %64.0 %51.4 %60.4 %69.1 %
Gearing2.8 %38.4 %74.9 %24.2 %13.8 %
Relative net indebtedness %
Liquidity
Quick ratio4.11.31.01.52.4
Current ratio6.41.91.62.12.7
Cash and cash equivalents2 718.904 152.1911 953.807 961.71745.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:2.80%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.1%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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