Summit A/S — Credit Rating and Financial Key Figures

CVR number: 26787610
Sundkrogsgade 7, 2100 København Ø
tel: 45851515

Credit rating

Company information

Official name
Summit A/S
Personnel
28 persons
Established
2002
Company form
Limited company
Industry

About Summit A/S

Summit A/S (CVR number: 26787610) is a company from KØBENHAVN. The company recorded a gross profit of 26.1 mDKK in 2024. The operating profit was 294.1 kDKK, while net earnings were -742.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was -21.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 8.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Summit A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit18 907.8120 676.4933 062.0329 752.9426 099.99
EBIT774.796 784.784 975.632 082.90294.13
Net earnings477.725 134.393 615.721 082.29- 742.39
Shareholders equity total3 890.016 024.4017 797.225 079.511 737.13
Balance sheet total (assets)16 739.9018 090.8536 048.8533 882.7325 453.36
Net debt-4 826.76-5 540.92-5 631.942 164.786 808.11
Profitability
EBIT-%
ROA5.2 %39.1 %19.3 %6.8 %1.9 %
ROE13.1 %103.6 %30.4 %9.5 %-21.8 %
ROI18.6 %136.2 %39.9 %12.6 %3.7 %
Economic value added (EVA)369.085 073.593 270.75259.69- 482.47
Solvency
Equity ratio26.4 %39.2 %57.8 %17.6 %8.2 %
Gearing0.4 %184.5 %479.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.92.01.20.9
Current ratio1.31.51.30.90.7
Cash and cash equivalents4 826.765 540.925 700.967 208.851 522.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:1.86%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.25%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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