SUNCORE INNOVATION A/S — Credit Rating and Financial Key Figures

CVR number: 26159660
Borgergade 24, 8600 Silkeborg
soren@mirzai.com
tel: 40408808
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Company information

Official name
SUNCORE INNOVATION A/S
Personnel
1 person
Established
2001
Company form
Limited company
Industry

About SUNCORE INNOVATION A/S

SUNCORE INNOVATION A/S (CVR number: 26159660) is a company from SILKEBORG. The company recorded a gross profit of -5.6 kDKK in 2023. The operating profit was -5.6 kDKK, while net earnings were 9.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 59 %, 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. SUNCORE INNOVATION A/S's liquidity measured by quick ratio was 2.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7.74-11.45-25.85-10.74-5.59
EBIT- 115.38-11.45-25.85-10.74-5.59
Net earnings-81.68-13.11-14.114.419.30
Shareholders equity total418.77405.66391.54395.95405.26
Balance sheet total (assets)707.45666.69665.48678.03687.44
Net debt- 388.90118.95232.09240.02267.24
Profitability
EBIT-%
ROA-15.1 %-1.3 %-2.6 %2.6 %1.7 %
ROE-13.9 %-3.2 %-3.5 %1.1 %2.3 %
ROI-16.0 %-1.3 %-2.6 %2.6 %1.8 %
Economic value added (EVA)-99.82-1.62-33.66-26.48-22.99
Solvency
Equity ratio59.2 %60.8 %58.8 %58.4 %59.0 %
Gearing62.8 %63.1 %67.3 %67.0 %67.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.62.42.42.5
Current ratio2.52.62.42.42.5
Cash and cash equivalents651.72137.0831.6025.336.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:1.75%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.0%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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