SITECH DENMARK A/S — Credit Rating and Financial Key Figures

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

Company information

Official name
SITECH DENMARK A/S
Personnel
19 persons
Established
2010
Company form
Limited company
Industry

About SITECH DENMARK A/S

SITECH DENMARK A/S (CVR number: 32763464) is a company from HORSENS. The company recorded a gross profit of 24.2 mDKK in 2024. The operating profit was 7030.3 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, 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 50.1 %, 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 1.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit21 752.8922 573.8124 905.4126 572.9024 164.60
EBIT7 499.038 602.919 227.889 551.447 030.27
Net earnings5 705.766 534.708 957.057 431.41
Shareholders equity total16 521.2523 055.9625 478.3023 952.6621 932.32
Balance sheet total (assets)37 116.5940 093.9743 783.7042 560.7438 416.37
Net debt-11 947.74-3 067.78-4 310.722 810.29-1 077.73
Profitability
EBIT-%
ROA26.9 %21.7 %22.0 %22.1 %17.4 %
ROE41.8 %33.0 %36.9 %30.1 %
ROI42.1 %29.5 %27.5 %27.8 %22.0 %
Economic value added (EVA)5 323.775 531.037 363.985 695.193 284.57
Solvency
Equity ratio44.5 %57.5 %53.0 %51.4 %50.1 %
Gearing6.7 %16.7 %19.2 %24.8 %12.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.91.91.91.8
Current ratio2.12.82.62.42.6
Cash and cash equivalents13 051.686 926.219 211.313 133.323 878.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:17.4%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.1%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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