SPORTS GROUP DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 34704074
Skærskovgårdsvej 5, 8600 Silkeborg
info@sports-group.dk
tel: 35114555

Credit rating

Company information

Official name
SPORTS GROUP DENMARK A/S
Personnel
212 persons
Established
2012
Company form
Limited company
Industry

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 1228.2 mDKK in 2024, demonstrating a growth of 20.5 % compared to the previous year. The operating profit percentage was at 6.9 % (EBIT: 84.8 mDKK), while net earnings were 42.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good but Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.1 %, 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 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales534.31787.951 106.761 019.501 228.17
Gross profit95.35138.72229.56149.38238.32
EBIT45.3777.29126.7335.7184.78
Net earnings31.4156.2189.468.6442.50
Shareholders equity total187.03251.02
Balance sheet total (assets)259.68353.78657.50673.04808.51
Net debt250.29213.68
Profitability
EBIT-%8.5 %9.8 %11.5 %3.5 %6.9 %
ROA20.1 %25.2 %25.1 %6.4 %12.6 %
ROE87.2 %9.8 %20.2 %
ROI20.1 %25.2 %25.1 %7.4 %18.1 %
Economic value added (EVA)41.7577.29126.7325.1235.26
Solvency
Equity ratio27.8 %31.1 %
Gearing145.1 %92.1 %
Relative net indebtedness %45.6 %43.7 %
Liquidity
Quick ratio0.40.4
Current ratio1.21.2
Cash and cash equivalents21.0717.43
Capital use efficiency
Trade debtors turnover (days)43.041.5
Net working capital %7.4 %9.6 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:12.6%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.1%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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