SILKEBORG IF INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SILKEBORG IF INVEST A/S
SILKEBORG IF INVEST A/S (CVR number: 70854910K) is a company from SILKEBORG. The company reported a net sales of 139.6 mDKK in 2023, demonstrating a decline of -19.1 % compared to the previous year. The operating profit percentage was at 38.2 % (EBIT: 53.3 mDKK), while net earnings were 32.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47.7 %, 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. SILKEBORG IF INVEST A/S's liquidity measured by quick ratio was 4 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 102.67 | 87.29 | 94.63 | 172.64 | 139.62 |
Gross profit | 60.28 | -24.70 | -26.25 | -7.48 | -34.79 |
EBIT | 28.45 | 32.21 | 15.16 | 88.81 | 53.30 |
Net earnings | 10.33 | 22.54 | 10.56 | 82.91 | 32.82 |
Shareholders equity total | 199.43 | 221.97 | 232.88 | 315.79 | 348.62 |
Balance sheet total (assets) | 612.12 | 619.30 | 612.30 | 705.78 | 731.43 |
Net debt | 344.40 | -2.87 | -2.80 | -50.80 | -69.14 |
Profitability | |||||
EBIT-% | 27.7 % | 36.9 % | 16.0 % | 51.4 % | 38.2 % |
ROA | 4.7 % | 5.2 % | 2.5 % | 17.7 % | 7.7 % |
ROE | 5.3 % | 10.7 % | 4.6 % | 30.2 % | 9.9 % |
ROI | 5.2 % | 6.0 % | 2.8 % | 19.4 % | 8.3 % |
Economic value added (EVA) | 6.06 | 5.05 | 4.42 | 61.51 | 32.25 |
Solvency | |||||
Equity ratio | 32.6 % | 35.8 % | 38.0 % | 44.7 % | 47.7 % |
Gearing | 173.5 % | ||||
Relative net indebtedness % | 400.5 % | 451.9 % | 398.0 % | 196.5 % | 224.7 % |
Liquidity | |||||
Quick ratio | 0.3 | 0.4 | 0.3 | 2.8 | 4.0 |
Current ratio | 0.3 | 0.4 | 0.3 | 2.8 | 4.0 |
Cash and cash equivalents | 1.51 | 2.87 | 2.80 | 50.80 | 69.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 59.5 | 81.2 | 31.5 | 69.6 | 92.7 |
Net working capital % | -56.2 % | -44.9 % | -36.9 % | 32.8 % | 58.1 % |
Credit risk | |||||
Credit rating | AAA | A | A | A | A |
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