Sandvad Inc. ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sandvad Inc. ApS
Sandvad Inc. ApS (CVR number: 36896779) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 2.5 kDKK, while net earnings were 599.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was 160.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.8 %, 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. Sandvad Inc. ApS's liquidity measured by quick ratio was 1.2 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 | -25.20 | ||||
Gross profit | -18.75 | -51.48 | -25.20 | ||
EBIT | -18.75 | -51.48 | -25.20 | 19.86 | 2.47 |
Net earnings | 1 131.91 | -42.20 | -20.77 | 19.89 | 599.44 |
Shareholders equity total | 1 131.91 | 989.71 | 768.94 | 675.77 | 69.72 |
Balance sheet total (assets) | 1 141.66 | 998.46 | 785.80 | 783.29 | 159.14 |
Net debt | - 625.33 | - 445.09 | - 124.34 | -23.12 | 32.27 |
Profitability | |||||
EBIT-% | |||||
ROA | 163.9 % | -4.7 % | -2.8 % | 2.5 % | 0.5 % |
ROE | 200.0 % | -4.0 % | -2.4 % | 2.8 % | 160.8 % |
ROI | 165.0 % | -4.8 % | -2.8 % | 2.6 % | 0.5 % |
Economic value added (EVA) | -18.85 | -63.79 | -45.01 | -12.00 | -25.23 |
Solvency | |||||
Equity ratio | 99.1 % | 99.1 % | 97.9 % | 86.3 % | 43.8 % |
Gearing | 1.4 % | 15.0 % | 106.1 % | ||
Relative net indebtedness % | 468.6 % | ||||
Liquidity | |||||
Quick ratio | 117.1 | 57.0 | 11.0 | 1.7 | 1.2 |
Current ratio | 117.1 | 57.0 | 11.0 | 1.7 | 1.2 |
Cash and cash equivalents | 625.33 | 445.09 | 134.95 | 124.39 | 41.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -670.4 % | ||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
Variable visualization
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