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Sabik Offshore A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sabik Offshore A/S
Sabik Offshore A/S (CVR number: 12478305) is a company from VEJLE. The company recorded a gross profit of 634.2 kDKK in 2025. The operating profit was -12.6 mDKK, while net earnings were -13.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -55.9 %, which can be considered poor and Return on Equity (ROE) was -91.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -44.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Sabik Offshore A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 4 801.18 | 8 584.85 | 10 181.07 | 4 736.13 | 634.21 |
| EBIT | 109.82 | 2 137.51 | - 109.17 | -7 356.18 | -12 550.70 |
| Net earnings | 15.07 | 1 444.07 | - 404.98 | -6 498.03 | -13 773.44 |
| Shareholders equity total | 4 950.03 | 6 394.10 | 5 989.12 | - 508.91 | -14 282.35 |
| Balance sheet total (assets) | 12 039.42 | 20 852.14 | 20 494.03 | 10 221.98 | 19 862.61 |
| Net debt | 1 689.51 | 4 369.22 | 5 651.12 | 5 006.13 | 18 847.35 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 0.8 % | 13.0 % | -0.4 % | -47.1 % | -55.9 % |
| ROE | 0.3 % | 25.5 % | -6.5 % | -80.2 % | -91.6 % |
| ROI | 1.2 % | 13.2 % | -0.5 % | -81.2 % | -100.4 % |
| Economic value added (EVA) | - 385.69 | 1 322.32 | - 644.09 | -6 923.56 | -13 344.32 |
| Solvency | |||||
| Equity ratio | 41.5 % | 88.0 % | 31.2 % | -4.8 % | -44.8 % |
| Gearing | 34.2 % | 68.4 % | 94.4 % | -1209.4 % | -132.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.1 | -14.8 | 0.6 | 0.4 | 0.7 |
| Current ratio | 1.8 | 28.4 | 1.4 | 0.8 | 1.0 |
| Cash and cash equivalents | 2.75 | 1.51 | 0.69 | 1 148.58 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | B | B |
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