SydFinans IvS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SydFinans IvS
SydFinans IvS (CVR number: 39149834) is a company from GULDBORGSUND. The company reported a net sales of 0.2 mDKK in 2020, demonstrating a growth of 1750 % compared to the previous year. The operating profit percentage was at 11 % (EBIT: 0 mDKK), while net earnings were 0.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.2 %, which can be considered excellent but Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 67.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SydFinans IvS's liquidity measured by quick ratio was 2.9 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 financials2018 | 2019 | 2020 | |
---|---|---|---|
Volume | |||
Net sales | 441.83 | 12.00 | 222.00 |
Gross profit | 235.64 | 9.66 | 105.05 |
EBIT | 160.82 | -1.29 | 24.49 |
Net earnings | 123.80 | -1.47 | 0.40 |
Shareholders equity total | 123.80 | 122.33 | 122.73 |
Balance sheet total (assets) | 167.21 | 149.84 | 182.07 |
Net debt | -29.35 | -35.42 | - 155.12 |
Profitability | |||
EBIT-% | 36.4 % | -10.8 % | 11.0 % |
ROA | 96.2 % | -0.8 % | 29.2 % |
ROE | 100.0 % | -1.2 % | 0.3 % |
ROI | 129.9 % | -1.1 % | 0.4 % |
Economic value added (EVA) | 125.44 | -6.04 | 20.13 |
Solvency | |||
Equity ratio | 74.0 % | 81.6 % | 67.4 % |
Gearing | |||
Relative net indebtedness % | 3.2 % | -66.0 % | -43.1 % |
Liquidity | |||
Quick ratio | 0.7 | 1.3 | 2.9 |
Current ratio | 0.7 | 1.3 | 2.9 |
Cash and cash equivalents | 29.35 | 35.42 | 155.12 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | -3.2 % | 66.0 % | 50.3 % |
Credit risk | |||
Credit rating | B | BBB | BB |
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