SITZ ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SITZ ApS
SITZ ApS (CVR number: 33777477) is a company from HORSENS. The company recorded a gross profit of 361.5 kDKK in 2024. The operating profit was -9.2 kDKK, while net earnings were -15.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.7 %, 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. SITZ ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 212.45 | 209.18 | 157.06 | 317.19 | 361.48 |
EBIT | - 173.14 | - 123.88 | -10.09 | 100.58 | -9.24 |
Net earnings | 5.96 | - 126.17 | 36.62 | 87.30 | -15.67 |
Shareholders equity total | 350.08 | 223.91 | 260.53 | 517.01 | 401.34 |
Balance sheet total (assets) | 626.09 | 493.65 | 634.54 | 758.45 | 841.35 |
Net debt | - 119.65 | 107.81 | 328.23 | - 202.06 | - 142.03 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.2 % | -22.1 % | 7.5 % | 14.9 % | -0.5 % |
ROE | 1.5 % | -44.0 % | 15.1 % | 22.5 % | -3.4 % |
ROI | 7.6 % | -30.9 % | 8.7 % | 18.5 % | -0.8 % |
Economic value added (EVA) | - 166.12 | - 136.72 | -28.57 | 64.62 | -36.87 |
Solvency | |||||
Equity ratio | 55.9 % | 45.4 % | 41.1 % | 68.2 % | 47.7 % |
Gearing | 24.3 % | 64.2 % | 131.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.5 | 0.4 | 1.7 | 1.5 |
Current ratio | 2.3 | 1.8 | 1.7 | 1.7 | 1.5 |
Cash and cash equivalents | 204.89 | 35.96 | 14.92 | 202.06 | 142.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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