SIBAST FURNITURE ApS
Credit rating
Company information
About SIBAST FURNITURE ApS
SIBAST FURNITURE ApS (CVR number: 34045860) is a company from RUDERSDAL. The company recorded a gross profit of 1696.1 kDKK in 2023. The operating profit was 5 kDKK, while net earnings were 5.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 72.4 %, 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 3.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 306.00 | 1 884.00 | 2 626.00 | 1 941.00 | 1 696.14 |
EBIT | 499.00 | 474.00 | 1 210.00 | 288.00 | 5.04 |
Net earnings | 374.00 | 351.00 | 929.00 | 207.00 | 5.33 |
Shareholders equity total | 972.00 | 1 323.00 | 2 123.00 | 2 200.00 | 2 105.38 |
Balance sheet total (assets) | 2 053.00 | 3 210.00 | 3 910.00 | 3 539.00 | 3 361.98 |
Net debt | - 940.00 | -1 822.00 | -1 646.00 | -1 066.00 | - 958.36 |
Profitability | |||||
EBIT-% | |||||
ROA | 30.6 % | 18.2 % | 34.1 % | 7.8 % | 0.6 % |
ROE | 47.6 % | 30.6 % | 53.9 % | 9.6 % | 0.2 % |
ROI | 51.3 % | 38.2 % | 66.1 % | 12.6 % | 0.9 % |
Economic value added (EVA) | 387.92 | 373.40 | 972.94 | 214.17 | -39.14 |
Solvency | |||||
Equity ratio | 49.4 % | 51.7 % | 60.1 % | 64.1 % | 72.4 % |
Gearing | 9.7 % | 4.5 % | 1.9 % | 1.4 % | 1.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 2.4 | 2.4 | 2.4 | 3.1 |
Current ratio | 1.8 | 1.7 | 2.1 | 2.4 | 2.4 |
Cash and cash equivalents | 1 034.00 | 1 882.00 | 1 687.00 | 1 096.00 | 988.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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