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 recorded a gross profit of -2958 kDKK in 2024, demonstrating a decline of 0 % compared to the previous year. The operating profit was -4110.8 kDKK, while net earnings were 9687.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent but Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55.3 %, 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 1.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 323.371 245.49754.71761.74
Gross profit935.06836.61226.70311.51-2 958.04
EBIT10.72-87.50- 699.29- 689.62-4 110.84
Net earnings3 803.089 389.99-12 156.214 811.979 687.55
Shareholders equity total79 136.6688 507.8376 351.6281 286.7591 005.78
Balance sheet total (assets)169 041.40178 042.98159 514.45168 654.44164 653.70
Net debt17 270.841 820.0314 188.13-20 400.35-29 207.35
Profitability
EBIT-%0.8 %-7.0 %-92.7 %-90.5 %
ROA3.9 %7.3 %-2.9 %5.0 %8.0 %
ROE4.9 %11.2 %-14.7 %6.1 %11.2 %
ROI4.0 %7.6 %-3.1 %5.5 %8.7 %
Economic value added (EVA)-7 918.20-8 112.28-8 966.27-8 011.36-10 489.33
Solvency
Equity ratio46.8 %49.7 %47.9 %48.2 %55.3 %
Gearing84.0 %74.4 %84.0 %69.0 %58.5 %
Relative net indebtedness %1983.7 %967.5 %3113.3 %-129.3 %
Liquidity
Quick ratio1.31.41.11.31.6
Current ratio1.31.41.11.31.6
Cash and cash equivalents49 196.2964 053.7549 932.7476 510.4982 407.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-2049.5 %-2950.1 %-5740.2 %-5726.6 %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:7.99%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.3%
Rating: 43/100
-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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