SUN DESIGN A/S — Credit Rating and Financial Key Figures

CVR number: 78761512
Genvejen 11, 7451 Sunds
post@sundesign.dk
tel: 97142620

Company information

Official name
SUN DESIGN A/S
Personnel
3 persons
Established
1985
Company form
Limited company
Industry

About SUN DESIGN A/S

SUN DESIGN A/S (CVR number: 78761512) is a company from HERNING. The company recorded a gross profit of 866 kDKK in 2023. The operating profit was 172.6 kDKK, while net earnings were 119.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SUN DESIGN A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit779.89970.51916.15759.89865.98
EBIT33.02247.05204.1778.02172.64
Net earnings19.26186.76145.4150.95119.38
Shareholders equity total1 582.291 749.041 694.451 595.401 664.78
Balance sheet total (assets)2 599.292 612.942 445.242 333.862 257.10
Net debt-27.78- 262.02-38.4560.38- 100.06
Profitability
EBIT-%
ROA1.6 %9.5 %8.1 %3.3 %7.5 %
ROE1.2 %11.2 %8.4 %3.1 %7.3 %
ROI2.0 %12.6 %10.3 %4.0 %9.0 %
Economic value added (EVA)-61.30116.5384.17-21.7556.77
Solvency
Equity ratio60.9 %66.9 %69.5 %68.6 %74.4 %
Gearing2.5 %0.8 %6.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.70.50.50.7
Current ratio0.71.01.00.91.1
Cash and cash equivalents67.72262.0252.2148.01100.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:7.52%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.4%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member

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