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 2024. 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 -2.9 %, which can be considered poor and Return on Equity (ROE) was -13.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.8 %, 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 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -1.88 | -4.55 | -3.00 | -2.00 | -2.17 |
| EBIT | -1.88 | -4.55 | -3.00 | -2.00 | -2.17 |
| Net earnings | -2.19 | -5.14 | -3.00 | -3.00 | -2.47 |
| Shareholders equity total | 16.55 | 25.41 | 22.00 | 20.00 | 17.47 |
| Balance sheet total (assets) | 27.57 | 51.60 | 52.00 | 52.00 | 53.30 |
| Net debt | 9.15 | 21.39 | 28.00 | 28.00 | 33.95 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -4.4 % | -10.2 % | -3.9 % | -1.9 % | -2.9 % |
| ROE | -12.4 % | -24.5 % | -12.7 % | -14.3 % | -13.2 % |
| ROI | -4.7 % | -11.1 % | -4.1 % | -2.0 % | -3.0 % |
| Economic value added (EVA) | -3.23 | -5.85 | -5.36 | -4.51 | -4.58 |
| Solvency | |||||
| Equity ratio | 60.0 % | 49.2 % | 42.3 % | 38.5 % | 32.8 % |
| Gearing | 55.3 % | 85.0 % | 127.3 % | 140.0 % | 194.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.8 | 0.7 | 0.7 | 0.6 |
| Current ratio | 0.5 | 0.8 | 0.7 | 0.7 | 0.6 |
| Cash and cash equivalents | 0.20 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | BB | BBB |
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