SBS FRICTION A/S — Credit Rating and Financial Key Figures

CVR number: 19751937
Kuopiovej 11, 5700 Svendborg
sbs-friction@sbs-friction.dk
tel: 70237979

Company information

Official name
SBS FRICTION A/S
Personnel
136 persons
Established
1996
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit66 129.0078 011.0084 275.0078 935.0086 081.00
EBIT13 124.0019 825.009 450.00782.004 624.00
Net earnings4 603.0013 371.003 888.00- 926.00548.00
Shareholders equity total30 336.0054 464.0058 352.0057 426.0057 974.00
Balance sheet total (assets)137 984.00156 357.00197 427.00193 171.00206 929.00
Net debt62 901.0062 902.0084 197.00116 078.00129 679.00
Profitability
EBIT-%
ROA10.7 %13.9 %5.3 %0.4 %2.4 %
ROE16.4 %31.5 %6.9 %-1.6 %0.9 %
ROI13.5 %17.5 %6.8 %0.5 %2.8 %
Economic value added (EVA)8 388.5214 739.055 690.77-1 069.66376.03
Solvency
Equity ratio22.0 %34.8 %29.6 %29.7 %28.0 %
Gearing207.3 %115.5 %196.8 %208.8 %234.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.31.40.70.2
Current ratio0.60.62.41.80.5
Cash and cash equivalents30 628.003 839.006 137.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.36%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.0%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chief executive officer
Chief executive officer

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