SØMÆNDENES BYGGEFOND I DANMARK — Credit Rating and Financial Key Figures
Credit rating
Company information
About SØMÆNDENES BYGGEFOND I DANMARK
SØMÆNDENES BYGGEFOND I DANMARK (CVR number: 53276415) is a company from KØBENHAVN. The company reported a net sales of 0.6 mDKK in 2024, demonstrating a growth of 13.6 % compared to the previous year. The operating profit percentage was poor at -50.3 % (EBIT: -0.3 mDKK), while net earnings were 3.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØMÆNDENES BYGGEFOND I DANMARK's liquidity measured by quick ratio was 146.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 364.00 | 364.00 | 364.00 | 497.75 | 565.46 |
| Gross profit | - 281.69 | - 444.29 | - 592.81 | -73.79 | -47.32 |
| EBIT | - 597.03 | - 759.63 | - 868.15 | - 355.65 | - 284.19 |
| Net earnings | 687.02 | - 910.70 | -1 393.82 | 485.79 | 3.77 |
| Shareholders equity total | 14 871.52 | 15 456.36 | 14 062.54 | 14 184.33 | 14 088.10 |
| Balance sheet total (assets) | 15 444.83 | 15 497.86 | 14 497.92 | 14 343.15 | 14 262.13 |
| Net debt | -8 690.86 | -8 080.81 | -7 024.22 | -7 633.26 | -7 797.32 |
| Profitability | |||||
| EBIT-% | -164.0 % | -208.7 % | -238.5 % | -71.5 % | -50.3 % |
| ROA | 3.7 % | -2.4 % | -5.7 % | 3.4 % | 0.2 % |
| ROE | 4.7 % | -6.0 % | -9.4 % | 3.4 % | 0.0 % |
| ROI | 4.0 % | -2.4 % | -5.8 % | 3.4 % | 0.2 % |
| Economic value added (EVA) | -1 422.05 | -1 506.93 | -1 644.84 | -1 062.29 | - 996.95 |
| Solvency | |||||
| Equity ratio | 96.3 % | 99.7 % | 97.0 % | 98.9 % | 98.8 % |
| Gearing | |||||
| Relative net indebtedness % | -2230.1 % | -2208.6 % | -1810.1 % | -1501.6 % | -1348.2 % |
| Liquidity | |||||
| Quick ratio | 15.2 | 215.6 | 18.6 | 185.4 | 146.4 |
| Current ratio | 15.2 | 215.6 | 18.6 | 185.4 | 146.4 |
| Cash and cash equivalents | 8 690.86 | 8 080.81 | 7 024.22 | 7 633.26 | 7 797.32 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -109.9 % | 242.7 % | 209.5 % | 44.0 % | 20.1 % |
| Credit risk | |||||
| Credit rating | A | A | BBB | A | A |
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