SICO FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 10424178
Flegmade 6 B, 7100 Vejle
kl@sindbyfinans.dk
tel: 40308199

Company information

Official name
SICO FINANS ApS
Personnel
2 persons
Established
1986
Company form
Private limited company
Industry

About SICO FINANS ApS

SICO FINANS ApS (CVR number: 10424178) is a company from VEJLE. The company recorded a gross profit of -112.8 kDKK in 2023. The operating profit was -375 kDKK, while net earnings were 2947.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SICO FINANS ApS's liquidity measured by quick ratio was 38.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 911.12- 144.70- 425.09- 278.89- 112.80
EBIT4 645.03- 406.90- 687.29- 541.09- 375.00
Net earnings5 754.77982.573 746.21-3 089.652 947.70
Shareholders equity total28 676.0729 548.0433 181.2529 977.2032 807.10
Balance sheet total (assets)31 024.8029 902.3634 390.7330 131.8232 855.10
Net debt-3 350.61- 347.63- 290.4264.92-1 647.32
Profitability
EBIT-%
ROA25.6 %4.2 %15.0 %-12.1 %12.0 %
ROE22.3 %3.4 %11.9 %-9.8 %9.4 %
ROI27.0 %4.3 %15.3 %-12.3 %12.1 %
Economic value added (EVA)2 499.72-1 794.17-2 020.69-2 090.55-1 804.04
Solvency
Equity ratio92.4 %98.8 %96.5 %99.5 %99.9 %
Gearing0.4 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.30.37.138.2
Current ratio2.11.30.37.138.2
Cash and cash equivalents3 350.61347.63290.4253.671 653.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:12.0%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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