SBS FRICTION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SBS FRICTION A/S
SBS FRICTION A/S (CVR number: 19751937) is a company from SVENDBORG. The company recorded a gross profit of 86.1 mDKK in 2023. The operating profit was 4624 kDKK, while net earnings were 548 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 28 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SBS FRICTION A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 66 129.00 | 78 011.00 | 84 275.00 | 78 935.00 | 86 081.00 |
EBIT | 13 124.00 | 19 825.00 | 9 450.00 | 782.00 | 4 624.00 |
Net earnings | 4 603.00 | 13 371.00 | 3 888.00 | - 926.00 | 548.00 |
Shareholders equity total | 30 336.00 | 54 464.00 | 58 352.00 | 57 426.00 | 57 974.00 |
Balance sheet total (assets) | 137 984.00 | 156 357.00 | 197 427.00 | 193 171.00 | 206 929.00 |
Net debt | 62 901.00 | 62 902.00 | 84 197.00 | 116 078.00 | 129 679.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.7 % | 13.9 % | 5.3 % | 0.4 % | 2.4 % |
ROE | 16.4 % | 31.5 % | 6.9 % | -1.6 % | 0.9 % |
ROI | 13.5 % | 17.5 % | 6.8 % | 0.5 % | 2.8 % |
Economic value added (EVA) | 8 388.52 | 14 739.05 | 5 690.77 | -1 069.66 | 376.03 |
Solvency | |||||
Equity ratio | 22.0 % | 34.8 % | 29.6 % | 29.7 % | 28.0 % |
Gearing | 207.3 % | 115.5 % | 196.8 % | 208.8 % | 234.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.3 | 1.4 | 0.7 | 0.2 |
Current ratio | 0.6 | 0.6 | 2.4 | 1.8 | 0.5 |
Cash and cash equivalents | 30 628.00 | 3 839.00 | 6 137.00 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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