SØNDERBORG KORN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SØNDERBORG KORN ApS
SØNDERBORG KORN ApS (CVR number: 66364410K) is a company from SØNDERBORG. The company reported a net sales of 2505.8 mDKK in 2024, demonstrating a decline of -2.7 % compared to the previous year. The operating profit percentage was at 2.1 % (EBIT: 51.7 mDKK), while net earnings were 45 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 42.7 %, 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. SØNDERBORG KORN ApS'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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 742.26 | 1 970.88 | 2 545.29 | 2 576.47 | 2 505.78 |
Gross profit | 158.28 | 158.55 | 216.34 | 232.40 | 198.24 |
EBIT | 39.63 | 39.29 | 83.28 | 121.95 | 51.66 |
Net earnings | 45.51 | 49.78 | 29.58 | 42.84 | 45.02 |
Shareholders equity total | 464.91 | 475.11 | 506.81 | 533.65 | 539.20 |
Balance sheet total (assets) | 1 103.28 | 1 156.50 | 1 419.27 | 1 232.08 | 1 264.17 |
Net debt | 165.96 | 228.44 | |||
Profitability | |||||
EBIT-% | 2.3 % | 2.0 % | 3.3 % | 4.7 % | 2.1 % |
ROA | 3.7 % | 3.5 % | 6.5 % | 13.6 % | 5.8 % |
ROE | 10.2 % | 10.6 % | 6.0 % | 8.3 % | 8.6 % |
ROI | 3.7 % | 3.5 % | 6.5 % | 16.0 % | 8.3 % |
Economic value added (EVA) | 18.36 | 15.93 | 59.41 | 78.33 | -2.06 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 43.3 % | 42.7 % |
Gearing | 49.4 % | 61.5 % | |||
Relative net indebtedness % | 21.8 % | 23.3 % | |||
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | |||
Current ratio | 1.8 | 1.6 | |||
Cash and cash equivalents | 97.58 | 103.23 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 17.4 | 19.4 | |||
Net working capital % | 10.3 % | 6.8 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AAA |
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