SITZ ApS — Credit Rating and Financial Key Figures

CVR number: 33777477
Kildegade 26, 8700 Horsens
post@sitz.dk
tel: 29179927
www.sitz.dk

Credit rating

Company information

Official name
SITZ ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry

About SITZ ApS

SITZ ApS (CVR number: 33777477) is a company from HORSENS. The company recorded a gross profit of 327.6 kDKK in 2023. The operating profit was 111 kDKK, while net earnings were 89.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.5 %, which can be considered excellent and Return on Equity (ROE) was 29.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.9 %, 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 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit332.65212.45209.18157.06327.61
EBIT119.32- 173.14- 123.88-10.09111.00
Net earnings87.035.96- 126.1736.6289.13
Shareholders equity total454.12350.08223.91260.53349.65
Balance sheet total (assets)940.14626.09493.65634.54636.43
Net debt- 110.57- 119.65107.81328.23-11.85
Profitability
EBIT-%
ROA11.8 %5.2 %-22.1 %7.5 %17.5 %
ROE18.9 %1.5 %-44.0 %15.1 %29.2 %
ROI18.1 %7.6 %-30.9 %8.7 %21.8 %
Economic value added (EVA)70.87- 143.01- 122.14-19.5387.15
Solvency
Equity ratio48.3 %55.9 %45.4 %41.1 %54.9 %
Gearing38.5 %24.3 %64.2 %131.7 %19.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.00.50.41.0
Current ratio1.92.31.81.71.0
Cash and cash equivalents285.21204.8935.9614.9280.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:17.5%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.9%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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