SIBAST FURNITURE ApS — Credit Rating and Financial Key Figures

CVR number: 34045860
Søbakkevej 17, Øverød 2840 Holte
sibast@sibast-furniture.com
tel: 22797750
www.sibast-furniture.com

Credit rating

Company information

Official name
SIBAST FURNITURE ApS
Personnel
6 persons
Established
2011
Domicile
Øverød
Company form
Private limited company
Industry

About SIBAST FURNITURE ApS

SIBAST FURNITURE ApS (CVR number: 34045860) is a company from RUDERSDAL. The company recorded a gross profit of 2129.1 kDKK in 2024. The operating profit was 113.4 kDKK, while net earnings were 83.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 71.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SIBAST FURNITURE ApS's liquidity measured by quick ratio was 2.8 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 profit1 884.002 626.001 941.001 697.002 129.06
EBIT474.001 210.00288.005.00113.40
Net earnings351.00929.00207.005.0083.72
Shareholders equity total1 323.002 123.002 200.002 105.002 189.11
Balance sheet total (assets)3 210.003 910.003 539.003 362.003 560.77
Net debt-1 822.00-1 646.00-1 066.00- 958.00- 524.82
Profitability
EBIT-%
ROA18.2 %34.1 %7.8 %0.6 %4.2 %
ROE30.6 %53.9 %9.6 %0.2 %3.9 %
ROI38.2 %66.1 %12.6 %0.9 %6.4 %
Economic value added (EVA)312.10871.29107.23- 114.44-27.71
Solvency
Equity ratio51.7 %60.1 %64.1 %72.4 %71.7 %
Gearing4.5 %1.9 %1.4 %1.5 %2.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.42.43.12.8
Current ratio1.72.12.42.42.3
Cash and cash equivalents1 882.001 687.001 096.00989.00567.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.23%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.7%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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