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 -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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7.74 | -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 | -14.11 | 4.41 | 9.30 |
Shareholders equity total | 418.77 | 405.66 | 391.54 | 395.95 | 405.26 |
Balance sheet total (assets) | 707.45 | 666.69 | 665.48 | 678.03 | 687.44 |
Net debt | - 388.90 | 118.95 | 232.09 | 240.02 | 267.24 |
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 ratio | 59.2 % | 60.8 % | 58.8 % | 58.4 % | 59.0 % |
Gearing | 62.8 % | 63.1 % | 67.3 % | 67.0 % | 67.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 2.6 | 2.4 | 2.4 | 2.5 |
Current ratio | 2.5 | 2.6 | 2.4 | 2.4 | 2.5 |
Cash and cash equivalents | 651.72 | 137.08 | 31.60 | 25.33 | 6.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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