SYNOPTIK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SYNOPTIK A/S
SYNOPTIK A/S (CVR number: 62756217K) is a company from HERLEV. The company reported a net sales of 2812.1 mDKK in 2023, demonstrating a growth of 7.9 % compared to the previous year. The operating profit percentage was at 8.8 % (EBIT: 246.3 mDKK), while net earnings were 191 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 54.4 %, 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. SYNOPTIK A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 193.74 | 2 053.04 | 2.37 | 2 606.93 | 2 812.06 |
Gross profit | 1 622.17 | 1 523.19 | 1.79 | 1 408.08 | 1 531.61 |
EBIT | 226.66 | 236.74 | 0.32 | 236.00 | 246.30 |
Net earnings | 169.90 | 178.13 | 0.23 | 163.07 | 191.04 |
Shareholders equity total | 1 199.35 | 1 383.35 | 1 550.05 | 1 738.30 | 1 903.39 |
Balance sheet total (assets) | 2 137.03 | 2 459.59 | 2.55 | 3 325.09 | 3 496.26 |
Net debt | -76.76 | -38.53 | -40.41 | 264.56 | 263.02 |
Profitability | |||||
EBIT-% | 10.3 % | 11.5 % | 13.6 % | 9.1 % | 8.8 % |
ROA | 12.5 % | 10.6 % | 0.0 % | 14.7 % | 7.7 % |
ROE | 14.6 % | 13.8 % | 0.0 % | 9.9 % | 10.5 % |
ROI | 16.0 % | 13.4 % | 0.0 % | 18.6 % | 9.8 % |
Economic value added (EVA) | 127.18 | 123.37 | -64.48 | 184.18 | 113.80 |
Solvency | |||||
Equity ratio | 56.1 % | 56.2 % | 99.9 % | 52.3 % | 54.4 % |
Gearing | 1.3 % | 0.8 % | 0.0 % | 23.3 % | 17.0 % |
Relative net indebtedness % | 38.5 % | 50.0 % | -1667.0 % | 55.5 % | 54.5 % |
Liquidity | |||||
Quick ratio | 1.4 | 1.6 | 2.0 | 1.4 | 1.5 |
Current ratio | 1.6 | 1.7 | 2.1 | 1.5 | 1.6 |
Cash and cash equivalents | 92.55 | 50.25 | 40.44 | 140.10 | 60.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 35.1 | 73.2 | 87.1 | 104.1 | 109.4 |
Net working capital % | 13.9 % | 25.5 % | 30.2 % | 17.5 % | 20.0 % |
Credit risk | |||||
Credit rating | AAA | AAA | BBB | AAA | AAA |
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