SPORTS GROUP DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SPORTS GROUP DENMARK A/S
SPORTS GROUP DENMARK A/S (CVR number: 34704074K) is a company from SILKEBORG. The company reported a net sales of 1019.5 mDKK in 2023, demonstrating a decline of -7.9 % compared to the previous year. The operating profit percentage was at 3.5 % (EBIT: 35.7 mDKK), while net earnings were 8643.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 27.8 %, 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. SPORTS GROUP DENMARK A/S's liquidity measured by quick ratio was 4.2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 443.93 | 534.31 | 787.95 | 1 106.76 | 1 019.51 |
Gross profit | 81.97 | 95.35 | 138.72 | 229.56 | 149.39 |
EBIT | 38.36 | 45.37 | 77.29 | 126.73 | 35.71 |
Net earnings | 26.45 | 31.41 | 56.21 | 89.46 | 8.64 |
Shareholders equity total | 72.05 | 75.55 | 143.48 | 192.11 | 187.03 |
Balance sheet total (assets) | 192.71 | 259.68 | 353.78 | 657.50 | 673.04 |
Net debt | 196.22 | 250.50 | |||
Profitability | |||||
EBIT-% | 8.6 % | 8.5 % | 9.8 % | 11.5 % | 3.5 % |
ROA | 21.7 % | 20.1 % | 25.2 % | 25.9 % | 6.4 % |
ROE | 43.2 % | 42.6 % | 51.3 % | 55.4 % | 4.9 % |
ROI | 23.1 % | 20.1 % | 25.2 % | 22.6 % | 5.0 % |
Economic value added (EVA) | 35.97 | 41.75 | 73.50 | 88.82 | 14.55 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 29.2 % | 27.8 % |
Gearing | 107.9 % | 145.2 % | |||
Relative net indebtedness % | 4.4 % | 7.6 % | |||
Liquidity | |||||
Quick ratio | 3.1 | 4.2 | |||
Current ratio | 13.5 | 11.7 | |||
Cash and cash equivalents | 11.14 | 21.07 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 30.2 | 43.0 | |||
Net working capital % | 47.8 % | 45.3 % | |||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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