SITECH DENMARK A/S

CVR number: 32763464
Mossvej 9, 8700 Horsens
mail@sitech.dk
tel: 70254414

Credit rating

Company information

Official name
SITECH DENMARK A/S
Personnel
22 persons
Established
2010
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About SITECH DENMARK A/S

SITECH DENMARK A/S (CVR number: 32763464) is a company from HORSENS. The company recorded a gross profit of 26.6 mDKK in 2023. The operating profit was 9551.4 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.1 %, which can be considered excellent but Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.4 %, 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. SITECH DENMARK A/S's liquidity measured by quick ratio was 1.9 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
20192020202120222023
Volume
Net sales
Gross profit17 028.3421 752.8922 573.8124 905.4126 572.90
EBIT3 302.887 499.038 602.919 227.889 551.44
Net earnings3 903.355 705.766 534.708 957.05
Shareholders equity total10 795.4916 521.2523 055.9625 478.3023 952.66
Balance sheet total (assets)18 586.0737 116.5940 093.9743 783.7042 560.74
Net debt- 710.88-11 947.74-3 067.78-4 310.722 810.29
Profitability
EBIT-%
ROA19.9 %26.9 %21.7 %22.0 %22.1 %
ROE44.1 %41.8 %33.0 %36.9 %
ROI32.7 %42.1 %29.5 %27.5 %27.8 %
Economic value added (EVA)3 585.135 371.106 538.498 178.535 964.11
Solvency
Equity ratio58.1 %44.5 %57.5 %53.0 %51.4 %
Gearing1.1 %6.7 %16.7 %19.2 %24.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.61.91.91.9
Current ratio2.22.12.82.62.4
Cash and cash equivalents826.3313 051.686 926.219 211.313 133.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:22.1%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.4%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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