SUMMIT ELECTRONICS ApS — Credit Rating and Financial Key Figures

CVR number: 15157534
Stamholmen 147, 2650 Hvidovre
info@summit.dk
tel: 48484881

Company information

Official name
SUMMIT ELECTRONICS ApS
Personnel
9 persons
Established
1991
Company form
Private limited company
Industry

About SUMMIT ELECTRONICS ApS

SUMMIT ELECTRONICS ApS (CVR number: 15157534) is a company from HVIDOVRE. The company recorded a gross profit of 7227.8 kDKK in 2023. The operating profit was 1295.7 kDKK, while net earnings were 1050.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61.3 %, 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. SUMMIT ELECTRONICS ApS's liquidity measured by quick ratio was 2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 061.285 639.345 808.897 565.627 227.78
EBIT1 421.951 532.851 016.762 155.791 295.67
Net earnings1 133.171 207.76819.521 748.991 050.13
Shareholders equity total5 116.675 324.435 143.956 892.947 943.08
Balance sheet total (assets)10 940.759 610.4511 177.8011 980.9712 982.84
Net debt-1 660.19- 576.18638.70-1 555.03- 773.36
Profitability
EBIT-%
ROA15.2 %15.6 %11.0 %19.7 %11.4 %
ROE24.9 %23.1 %15.7 %29.1 %14.2 %
ROI32.7 %30.4 %19.7 %34.4 %19.0 %
Economic value added (EVA)911.981 011.18536.051 417.20691.40
Solvency
Equity ratio46.8 %55.6 %46.2 %57.9 %61.3 %
Gearing0.8 %0.3 %20.9 %1.3 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.81.41.82.0
Current ratio1.82.21.82.32.6
Cash and cash equivalents1 699.89593.92437.971 647.77804.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.3%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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