SYNOPTIK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SYNOPTIK A/S
SYNOPTIK A/S (CVR number: 62756217) is a company from HERLEV. The company reported a net sales of 706.2 mDKK in 2019, demonstrating a decline of -3.1 % compared to the previous year. The operating profit percentage was at 9.7 % (EBIT: 68.4 mDKK), while net earnings were 157.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SYNOPTIK A/S's liquidity measured by quick ratio was 3.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | 700.86 | 716.71 | 728.99 | 706.17 |
Gross profit | 497.17 | 506.50 | 518.13 | 492.34 |
EBIT | 77.23 | 82.54 | 85.32 | 68.42 |
Net earnings | 171.97 | 180.42 | 169.47 | 157.87 |
Shareholders equity total | 1 028.19 | 1 138.61 | 1 238.08 | 1 322.65 |
Balance sheet total (assets) | 1 151.12 | 1 272.44 | 1 370.04 | 1 629.18 |
Net debt | -17.64 | -22.26 | -24.91 | -38.45 |
Profitability | ||||
EBIT-% | 11.0 % | 11.5 % | 11.7 % | 9.7 % |
ROA | 16.7 % | 16.8 % | 14.5 % | 11.8 % |
ROE | 16.7 % | 16.7 % | 14.3 % | 12.3 % |
ROI | 18.7 % | 18.7 % | 16.1 % | 12.8 % |
Economic value added (EVA) | 59.39 | 57.88 | 55.91 | 36.46 |
Solvency | ||||
Equity ratio | 89.3 % | 89.5 % | 90.4 % | 81.2 % |
Gearing | 0.1 % | 0.6 % | 0.1 % | 0.3 % |
Relative net indebtedness % | 14.9 % | 14.6 % | 14.5 % | 37.3 % |
Liquidity | ||||
Quick ratio | 1.9 | 2.7 | 3.4 | 3.1 |
Current ratio | 2.1 | 2.9 | 3.6 | 3.2 |
Cash and cash equivalents | 18.31 | 29.29 | 26.19 | 42.81 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 33.6 | 29.9 | 30.8 | 38.5 |
Net working capital % | 19.2 % | 33.8 % | 46.8 % | 55.4 % |
Credit risk | ||||
Credit rating | AAA | AAA | AAA | AAA |
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