Sunlit IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sunlit IVS
Sunlit IVS (CVR number: 37667269) is a company from HILLERØD. The company reported a net sales of 0.1 mDKK in 2019, demonstrating a growth of 8601.8 % compared to the previous year. The operating profit percentage was at 62.7 % (EBIT: 0 mDKK), while net earnings were 29.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.5 %, which can be considered excellent and Return on Equity (ROE) was 36.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.3 %, 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. Sunlit IVS'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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | 4.80 | 0.80 | 69.61 | |
| Gross profit | -70.15 | - 106.34 | -78.87 | 43.67 |
| EBIT | -70.15 | - 106.34 | -78.87 | 43.67 |
| Net earnings | -83.29 | -78.87 | 29.13 | |
| Shareholders equity total | 1.00 | 43.27 | 39.40 | 118.53 |
| Balance sheet total (assets) | 80.41 | 157.78 | 118.12 | 199.97 |
| Net debt | -9.50 | -59.11 | -19.45 | -51.01 |
| Profitability | ||||
| EBIT-% | -2215.5 % | -9859.3 % | 62.7 % | |
| ROA | 0.9 % | -89.3 % | -57.2 % | 27.5 % |
| ROE | -376.3 % | -190.8 % | 36.9 % | |
| ROI | 75.0 % | -480.4 % | -190.8 % | 55.3 % |
| Economic value added (EVA) | -70.15 | -79.33 | -71.77 | 41.83 |
| Solvency | ||||
| Equity ratio | 1.2 % | 27.4 % | 33.4 % | 59.3 % |
| Gearing | ||||
| Relative net indebtedness % | 1154.0 % | 7408.4 % | 43.7 % | |
| Liquidity | ||||
| Quick ratio | 0.1 | 0.8 | 0.6 | 1.6 |
| Current ratio | 0.1 | 0.8 | 0.6 | 1.6 |
| Cash and cash equivalents | 9.50 | 59.11 | 19.45 | 51.01 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | 314.6 | |||
| Net working capital % | -575.6 % | -3937.9 % | 68.4 % | |
| Credit risk | ||||
| Credit rating | BB | BB | B | BBB |
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