SAND HOLDING, IKAST ApS — Credit Rating and Financial Key Figures

CVR number: 27483259
Over Isen Vej 1 B, 7430 Ikast

Credit rating

Company information

Official name
SAND HOLDING, IKAST ApS
Established
2003
Company form
Private limited company
Industry

About SAND HOLDING, IKAST ApS

SAND HOLDING, IKAST ApS (CVR number: 27483259) is a company from IKAST-BRANDE. The company recorded a gross profit of -2.2 kDKK in 2024. The operating profit was -2.2 kDKK, while net earnings were 95 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good and Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.7 %, 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. SAND HOLDING, IKAST ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-1.63-1.63-1.88-2.74-2.19
EBIT-1.63-1.63-1.88-2.74-2.19
Net earnings190.18138.81156.5053.5294.95
Shareholders equity total786.86875.68982.18985.701 030.66
Balance sheet total (assets)886.351 002.391 148.201 175.311 361.15
Net debt35.9976.19112.73163.82322.52
Profitability
EBIT-%
ROA24.9 %15.4 %15.2 %5.8 %9.1 %
ROE26.5 %16.7 %16.8 %5.4 %9.4 %
ROI26.1 %16.3 %16.0 %6.0 %9.2 %
Economic value added (EVA)6.5210.1419.5019.7814.79
Solvency
Equity ratio88.8 %87.4 %85.5 %83.9 %75.7 %
Gearing4.8 %8.8 %12.0 %16.9 %31.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.61.81.91.4
Current ratio2.31.61.81.91.4
Cash and cash equivalents1.630.455.022.570.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:9.08%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.7%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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