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SUMMIT ELECTRONICS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SUMMIT ELECTRONICS ApS
SUMMIT ELECTRONICS ApS (CVR number: 15157534) is a company from HVIDOVRE. The company recorded a gross profit of 5509.3 kDKK in 2024. The operating profit was -1506.1 kDKK, while net earnings were -1174.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.8 %, which can be considered poor and Return on Equity (ROE) was -16 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.9 %, 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. SUMMIT ELECTRONICS ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 5 639.34 | 5 808.89 | 7 565.62 | 7 227.78 | 5 509.30 |
| EBIT | 1 532.85 | 1 016.76 | 2 155.79 | 1 295.67 | -1 506.12 |
| Net earnings | 1 207.76 | 819.52 | 1 748.99 | 1 050.13 | -1 174.84 |
| Shareholders equity total | 5 324.43 | 5 143.95 | 6 892.94 | 7 943.08 | 6 768.24 |
| Balance sheet total (assets) | 9 610.45 | 11 177.80 | 11 980.97 | 12 982.84 | 11 901.28 |
| Net debt | - 576.18 | 638.70 | -1 555.03 | - 773.36 | -1 252.38 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 15.6 % | 11.0 % | 19.7 % | 11.4 % | -10.8 % |
| ROE | 23.1 % | 15.7 % | 29.1 % | 14.2 % | -16.0 % |
| ROI | 30.4 % | 19.7 % | 34.4 % | 19.0 % | -18.0 % |
| Economic value added (EVA) | 922.77 | 504.41 | 1 339.53 | 602.23 | -1 603.73 |
| Solvency | |||||
| Equity ratio | 55.6 % | 46.2 % | 57.9 % | 61.3 % | 56.9 % |
| Gearing | 0.3 % | 20.9 % | 1.3 % | 0.4 % | 1.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.8 | 1.4 | 1.8 | 2.0 | 1.7 |
| Current ratio | 2.2 | 1.8 | 2.3 | 2.6 | 2.5 |
| Cash and cash equivalents | 593.92 | 437.97 | 1 647.77 | 804.13 | 1 368.03 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BB |
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