SIKA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SIKA A/S
SIKA A/S (CVR number: 10015561) is a company from STRUER. The company recorded a gross profit of -3.2 kDKK in 2023. The operating profit was -3.2 kDKK, while net earnings were 231.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.4 %, which can be considered excellent and Return on Equity (ROE) was 16.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.7 %, 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. SIKA A/S's liquidity measured by quick ratio was 3.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4.86 | -1.52 | -0.50 | -2.61 | -3.16 |
EBIT | -4.86 | -1.52 | -0.50 | -2.61 | -3.16 |
Net earnings | 105.13 | 132.95 | 189.42 | 38.99 | 231.66 |
Shareholders equity total | 957.92 | 1 090.87 | 1 280.29 | 1 319.72 | 1 551.38 |
Balance sheet total (assets) | 1 627.81 | 1 776.91 | 1 950.71 | 1 768.41 | 2 103.83 |
Net debt | - 185.06 | - 424.43 | - 716.41 | - 785.46 | -1 100.34 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.8 % | 19.3 % | 20.1 % | 11.6 % | 22.4 % |
ROE | 11.6 % | 13.0 % | 16.0 % | 3.0 % | 16.1 % |
ROI | 9.9 % | 11.9 % | 13.4 % | 4.9 % | 16.1 % |
Economic value added (EVA) | -11.17 | -9.30 | -4.28 | -3.07 | -11.97 |
Solvency | |||||
Equity ratio | 58.8 % | 61.4 % | 65.6 % | 74.6 % | 73.7 % |
Gearing | 63.8 % | 54.0 % | 41.7 % | 26.3 % | 27.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.7 | 2.1 | 3.1 | 3.2 |
Current ratio | 1.3 | 1.7 | 2.1 | 3.1 | 3.2 |
Cash and cash equivalents | 795.94 | 1 013.36 | 1 250.78 | 1 132.11 | 1 531.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | AA |
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