SANDET HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 29531544
Aksel Møllers Have 16, 2000 Frederiksberg

Company information

Official name
SANDET HOLDING A/S
Personnel
1 person
Established
2006
Company form
Limited company
Industry

About SANDET HOLDING A/S

SANDET HOLDING A/S (CVR number: 29531544) is a company from FREDERIKSBERG. The company recorded a gross profit of -33.6 kDKK in 2023. The operating profit was -111.5 kDKK, while net earnings were 2465.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SANDET HOLDING A/S's liquidity measured by quick ratio was 23.2 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 profit10.6187.1216.86-76.53-33.62
EBIT6.3658.51-33.56- 126.94- 111.53
Net earnings391.19742.914 892.57951.132 465.91
Shareholders equity total6 876.137 569.2612 405.3313 299.2615 706.27
Balance sheet total (assets)7 029.399 116.8613 693.7814 757.7917 632.78
Net debt-6 140.65-4 314.14-9 963.18-10 937.50-13 120.04
Profitability
EBIT-%
ROA7.0 %12.0 %50.3 %9.8 %19.4 %
ROE5.8 %10.3 %49.0 %7.4 %17.0 %
ROI7.0 %12.2 %51.7 %10.1 %20.3 %
Economic value added (EVA)-34.9421.42- 121.59- 195.36- 158.33
Solvency
Equity ratio97.8 %83.0 %90.6 %90.1 %89.1 %
Gearing1.5 %16.6 %2.4 %2.4 %2.0 %
Relative net indebtedness %
Liquidity
Quick ratio41.83.620.430.523.2
Current ratio41.83.620.430.523.2
Cash and cash equivalents6 244.635 573.8010 258.8711 256.1113 436.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:19.4%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.1%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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