SAND HOLDING, IKAST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 earnings | 190.18 | 138.81 | 156.50 | 53.52 | 94.95 |
Shareholders equity total | 786.86 | 875.68 | 982.18 | 985.70 | 1 030.66 |
Balance sheet total (assets) | 886.35 | 1 002.39 | 1 148.20 | 1 175.31 | 1 361.15 |
Net debt | 35.99 | 76.19 | 112.73 | 163.82 | 322.52 |
Profitability | |||||
EBIT-% | |||||
ROA | 24.9 % | 15.4 % | 15.2 % | 5.8 % | 9.1 % |
ROE | 26.5 % | 16.7 % | 16.8 % | 5.4 % | 9.4 % |
ROI | 26.1 % | 16.3 % | 16.0 % | 6.0 % | 9.2 % |
Economic value added (EVA) | 6.52 | 10.14 | 19.50 | 19.78 | 14.79 |
Solvency | |||||
Equity ratio | 88.8 % | 87.4 % | 85.5 % | 83.9 % | 75.7 % |
Gearing | 4.8 % | 8.8 % | 12.0 % | 16.9 % | 31.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 1.6 | 1.8 | 1.9 | 1.4 |
Current ratio | 2.3 | 1.6 | 1.8 | 1.9 | 1.4 |
Cash and cash equivalents | 1.63 | 0.45 | 5.02 | 2.57 | 0.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
Variable visualization
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