SONFOR Spildevand A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SONFOR Spildevand A/S
SONFOR Spildevand A/S (CVR number: 31875722) is a company from SØNDERBORG. The company reported a net sales of 145.5 mDKK in 2023, demonstrating a growth of 5.7 % compared to the previous year. The operating profit percentage was at 12.7 % (EBIT: 18.5 mDKK), while net earnings were 11.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 82.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SONFOR Spildevand A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 130.72 | 124.55 | 139.93 | 137.63 | 145.53 |
Gross profit | 26.74 | 20.22 | 30.36 | -67.24 | 33.95 |
EBIT | 14.11 | 9.35 | 19.04 | -79.58 | 18.46 |
Net earnings | 10.48 | 7.82 | 17.41 | -81.52 | 11.74 |
Shareholders equity total | 1 969.38 | 1 918.88 | 1 936.29 | 1 854.77 | 1 866.51 |
Balance sheet total (assets) | 2 183.38 | 2 224.56 | 2 246.20 | 2 223.39 | 2 259.71 |
Net debt | 191.79 | 203.27 | 199.67 | 245.25 | 277.42 |
Profitability | |||||
EBIT-% | 10.8 % | 7.5 % | 13.6 % | -57.8 % | 12.7 % |
ROA | 0.7 % | 0.4 % | 0.9 % | -3.5 % | 0.8 % |
ROE | 0.5 % | 0.4 % | 0.9 % | -4.3 % | 0.6 % |
ROI | 0.7 % | 0.4 % | 0.9 % | -3.7 % | 0.9 % |
Economic value added (EVA) | -9.65 | -11.10 | 0.02 | -99.98 | -2.38 |
Solvency | |||||
Equity ratio | 90.3 % | 86.3 % | 86.4 % | 83.6 % | 82.8 % |
Gearing | 9.0 % | 10.6 % | 10.3 % | 13.2 % | 14.9 % |
Relative net indebtedness % | 170.7 % | 241.7 % | 218.1 % | 264.4 % | 267.0 % |
Liquidity | |||||
Quick ratio | 1.0 | 0.8 | 0.7 | 0.6 | 0.6 |
Current ratio | 0.9 | 0.8 | 0.7 | 0.6 | 0.6 |
Cash and cash equivalents | -13.82 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 19.0 | 12.8 | 8.4 | 7.1 | 7.8 |
Net working capital % | -3.1 % | -10.8 % | -12.9 % | -28.8 % | -23.3 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | A | AAA |
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