SUNCORE INNOVATION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SUNCORE INNOVATION A/S
SUNCORE INNOVATION A/S (CVR number: 26159660) is a company from SILKEBORG. The company recorded a gross profit of -257.8 kDKK in 2024. The operating profit was -257.8 kDKK, while net earnings were -201.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34.7 %, which can be considered poor and Return on Equity (ROE) was -66 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.6 %, 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. SUNCORE INNOVATION A/S's liquidity measured by quick ratio was 1.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -11.45 | -25.85 | -10.74 | -5.59 | - 257.83 |
| EBIT | -11.45 | -25.85 | -10.74 | -5.59 | - 257.83 |
| Net earnings | -13.11 | -14.11 | 4.41 | 9.30 | - 201.10 |
| Shareholders equity total | 405.66 | 391.54 | 395.95 | 405.26 | 204.15 |
| Balance sheet total (assets) | 666.69 | 665.48 | 678.03 | 687.44 | 798.64 |
| Net debt | 118.95 | 232.09 | 240.02 | 267.24 | 269.95 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.3 % | -2.6 % | 2.6 % | 1.7 % | -34.7 % |
| ROE | -3.2 % | -3.5 % | 1.1 % | 2.3 % | -66.0 % |
| ROI | -1.3 % | -2.6 % | 2.6 % | 1.8 % | -44.6 % |
| Economic value added (EVA) | -47.58 | -53.41 | -41.32 | -37.59 | - 235.20 |
| Solvency | |||||
| Equity ratio | 60.8 % | 58.8 % | 58.4 % | 59.0 % | 25.6 % |
| Gearing | 63.1 % | 67.3 % | 67.0 % | 67.4 % | 134.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.6 | 2.4 | 2.4 | 2.5 | 1.3 |
| Current ratio | 2.6 | 2.4 | 2.4 | 2.5 | 1.3 |
| Cash and cash equivalents | 137.08 | 31.60 | 25.33 | 6.08 | 4.61 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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