ERNST B. SUND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 400.01 | 1 323.37 | 1 245.49 | 754.71 | 761.74 |
Gross profit | 570.65 | 935.06 | 836.61 | 226.70 | 311.51 |
EBIT | - 354.38 | 10.72 | -87.50 | - 699.29 | - 689.62 |
Net earnings | 7 004.32 | 3 803.08 | 9 389.99 | -12 156.21 | 4 811.97 |
Shareholders equity total | 75 537.77 | 79 136.66 | 88 507.83 | 76 351.62 | 81 286.75 |
Balance sheet total (assets) | 166 690.33 | 169 041.40 | 178 042.98 | 159 514.45 | 168 654.44 |
Net debt | 11 930.34 | 17 270.84 | 1 820.03 | 14 188.13 | -20 400.35 |
Profitability | |||||
EBIT-% | -25.3 % | 0.8 % | -7.0 % | -92.7 % | -90.5 % |
ROA | 4.4 % | 3.9 % | 7.3 % | -2.9 % | 5.0 % |
ROE | 9.4 % | 4.9 % | 11.2 % | -14.7 % | 6.1 % |
ROI | 4.5 % | 4.0 % | 7.6 % | -3.1 % | 5.5 % |
Economic value added (EVA) | 2 396.08 | 3 144.05 | 2 531.88 | 2 411.19 | 2 702.30 |
Solvency | |||||
Equity ratio | 45.3 % | 46.8 % | 49.7 % | 47.9 % | 48.2 % |
Gearing | 91.2 % | 84.0 % | 74.4 % | 84.0 % | 69.0 % |
Relative net indebtedness % | 1491.7 % | 1983.7 % | 967.5 % | 3113.3 % | -129.3 % |
Liquidity | |||||
Quick ratio | 1.4 | 1.3 | 1.4 | 1.1 | 1.3 |
Current ratio | 1.4 | 1.3 | 1.4 | 1.1 | 1.3 |
Cash and cash equivalents | 56 977.56 | 49 196.29 | 64 053.75 | 49 932.74 | 76 510.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -2211.2 % | -2049.5 % | -2950.1 % | -5740.2 % | -5726.6 % |
Credit risk | |||||
Credit rating | A | AA | AA | BBB | A |
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