Silkeborg IF A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Silkeborg IF A/S
Silkeborg IF A/S (CVR number: 26397731) is a company from SILKEBORG. The company reported a net sales of 71.4 mDKK in 2023, demonstrating a decline of -36.9 % compared to the previous year. The operating profit percentage was at 36 % (EBIT: 25.7 mDKK), while net earnings were 21.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.8 %, 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. Silkeborg IF A/S's liquidity measured by quick ratio was 5.8 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 | 43.23 | 44.28 | 47.12 | 113.15 | 71.39 |
Gross profit | 45.15 | 57.23 | 40.94 | 126.04 | 81.29 |
EBIT | 5.81 | 17.40 | -3.31 | 70.39 | 25.70 |
Net earnings | 4.83 | 14.60 | -2.72 | 55.16 | 21.33 |
Shareholders equity total | 50.77 | 66.51 | 63.79 | 118.95 | 140.28 |
Balance sheet total (assets) | 109.57 | 125.26 | 109.13 | 174.18 | 185.10 |
Net debt | 7.69 | 4.83 | 2.38 | -33.48 | -50.44 |
Profitability | |||||
EBIT-% | 13.4 % | 39.3 % | -7.0 % | 62.2 % | 36.0 % |
ROA | 5.5 % | 14.9 % | -2.5 % | 50.1 % | 15.3 % |
ROE | 11.1 % | 24.9 % | -4.2 % | 60.4 % | 16.5 % |
ROI | 10.0 % | 24.8 % | -4.1 % | 74.2 % | 20.6 % |
Economic value added (EVA) | 4.01 | 12.33 | -5.94 | 51.77 | 15.92 |
Solvency | |||||
Equity ratio | 47.3 % | 54.3 % | 59.9 % | 69.4 % | 76.8 % |
Gearing | 17.9 % | 9.7 % | 6.4 % | 2.8 % | 2.4 % |
Relative net indebtedness % | 47.4 % | 51.6 % | 27.6 % | -8.2 % | -46.0 % |
Liquidity | |||||
Quick ratio | 1.5 | 2.1 | 2.9 | 3.6 | 5.8 |
Current ratio | 1.3 | 1.8 | 2.3 | 3.2 | 5.1 |
Cash and cash equivalents | 1.42 | 1.61 | 1.73 | 36.84 | 53.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 133.2 | 155.7 | 49.6 | 102.2 | 163.6 |
Net working capital % | 9.6 % | 40.3 % | 34.0 % | 54.7 % | 121.9 % |
Credit risk | |||||
Credit rating | AA | AA | A | AA | AAA |
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