Sinnest Holding ApS — Credit Rating and Financial Key Figures

Sinnest Holding ApS (CVR number: 43488635K) is a company from ODENSE. The company recorded a gross profit of 38.2 mDKK in 2022. The operating profit was 6802.2 kDKK, while net earnings were 4573.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Sinnest Holding ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.