Sund Olesen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sund Olesen Holding ApS
Sund Olesen Holding ApS (CVR number: 36997532) is a company from VIBORG. The company recorded a gross profit of -2.2 kDKK in 2023. The operating profit was -2.2 kDKK, while net earnings were -2.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -12 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.8 %, 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. Sund Olesen Holding ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1.88 | -1.88 | -4.55 | -3.00 | -2.24 |
EBIT | -1.88 | -1.88 | -4.55 | -3.00 | -2.24 |
Net earnings | -1.96 | -2.19 | -5.14 | -3.00 | -2.51 |
Shareholders equity total | 18.73 | 16.55 | 25.41 | 22.00 | 19.94 |
Balance sheet total (assets) | 28.89 | 27.57 | 51.60 | 52.00 | 52.72 |
Net debt | 8.28 | 9.15 | 21.39 | 28.00 | 28.83 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.0 % | -4.4 % | -10.2 % | -3.9 % | -3.1 % |
ROE | -10.0 % | -12.4 % | -24.5 % | -12.7 % | -12.0 % |
ROI | -4.3 % | -4.7 % | -11.1 % | -4.1 % | -3.3 % |
Economic value added (EVA) | -1.78 | -1.69 | -4.26 | -2.70 | -1.79 |
Solvency | |||||
Equity ratio | 64.8 % | 60.0 % | 49.2 % | 42.3 % | 37.8 % |
Gearing | 44.2 % | 55.3 % | 85.0 % | 127.3 % | 144.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | 0.8 | 0.7 | 0.7 |
Current ratio | 0.6 | 0.5 | 0.8 | 0.7 | 0.7 |
Cash and cash equivalents | 0.20 | 0.07 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
Variable visualization
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