ERNST B. SUND A/S — Credit Rating and Financial Key Figures

CVR number: 27994911
Østervangsvej 37, 8370 Hadsten
sund@sundejendomme.dk
tel: 87610715

Company information

Official name
ERNST B. SUND A/S
Personnel
2 persons
Established
1970
Company form
Limited company
Industry

About ERNST B. SUND A/S

ERNST B. SUND A/S (CVR number: 27994911) is a company from FAVRSKOV. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a growth of 0.9 % compared to the previous year. The operating profit percentage was poor at -90.5 % (EBIT: -0.7 mDKK), while net earnings were 4812 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 48.2 %, 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. ERNST B. SUND A/S's liquidity measured by quick ratio was 1.3 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 400.011 323.371 245.49754.71761.74
Gross profit570.65935.06836.61226.70311.51
EBIT- 354.3810.72-87.50- 699.29- 689.62
Net earnings7 004.323 803.089 389.99-12 156.214 811.97
Shareholders equity total75 537.7779 136.6688 507.8376 351.6281 286.75
Balance sheet total (assets)166 690.33169 041.40178 042.98159 514.45168 654.44
Net debt11 930.3417 270.841 820.0314 188.13-20 400.35
Profitability
EBIT-%-25.3 %0.8 %-7.0 %-92.7 %-90.5 %
ROA4.4 %3.9 %7.3 %-2.9 %5.0 %
ROE9.4 %4.9 %11.2 %-14.7 %6.1 %
ROI4.5 %4.0 %7.6 %-3.1 %5.5 %
Economic value added (EVA)2 396.083 144.052 531.882 411.192 702.30
Solvency
Equity ratio45.3 %46.8 %49.7 %47.9 %48.2 %
Gearing91.2 %84.0 %74.4 %84.0 %69.0 %
Relative net indebtedness %1491.7 %1983.7 %967.5 %3113.3 %-129.3 %
Liquidity
Quick ratio1.41.31.41.11.3
Current ratio1.41.31.41.11.3
Cash and cash equivalents56 977.5649 196.2964 053.7549 932.7476 510.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-2211.2 %-2049.5 %-2950.1 %-5740.2 %-5726.6 %
Credit risk
Credit ratingAAAAABBBA

Variable visualization

ROA:5.04%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.2%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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