SANDAL HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SANDAL HOLDING ApS
SANDAL HOLDING ApS (CVR number: 21109088) is a company from ODENSE. The company recorded a gross profit of -12.1 kDKK in 2023. The operating profit was -1183.7 kDKK, while net earnings were 422.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 52 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SANDAL HOLDING ApS's liquidity measured by quick ratio was 1.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 240.00 | - 523.00 | - 726.00 | - 110.00 | -12.05 |
| EBIT | -1 318.00 | -1 724.00 | -2 000.00 | -1 332.00 | -1 183.70 |
| Net earnings | 14 205.00 | 3 861.00 | 6 413.00 | -4 103.00 | 422.47 |
| Shareholders equity total | 118 820.00 | 83 996.00 | 90 410.00 | 85 735.00 | 85 568.38 |
| Balance sheet total (assets) | 124 049.00 | 128 473.00 | 142 510.00 | 148 302.00 | 164 641.85 |
| Net debt | -1 605.00 | 10 749.00 | 23 253.00 | 30 655.00 | 39 725.62 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 12.3 % | 5.8 % | 9.6 % | 0.8 % | 3.8 % |
| ROE | 12.4 % | 3.8 % | 7.4 % | -4.7 % | 0.5 % |
| ROI | 12.4 % | 5.8 % | 9.6 % | 0.8 % | 3.8 % |
| Economic value added (EVA) | -1 453.81 | -1 909.87 | 888.15 | 1 799.77 | 1 596.29 |
| Solvency | |||||
| Equity ratio | 95.8 % | 65.4 % | 63.4 % | 57.8 % | 52.0 % |
| Gearing | 4.0 % | 51.4 % | 57.4 % | 72.8 % | 91.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 10.6 | 1.2 | 1.1 | 1.1 | 1.1 |
| Current ratio | 10.6 | 1.2 | 1.1 | 1.1 | 1.1 |
| Cash and cash equivalents | 6 350.00 | 32 465.00 | 28 605.00 | 31 748.00 | 38 146.32 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | A |
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