SILHORKO-EUROWATER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SILHORKO-EUROWATER A/S
SILHORKO-EUROWATER A/S (CVR number: 39176513) is a company from SKANDERBORG. The company reported a net sales of 298.6 mDKK in 2023, demonstrating a growth of 18.5 % compared to the previous year. The operating profit percentage was poor at -5.8 % (EBIT: -17.5 mDKK), while net earnings were 11.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 4.9 %, which can be considered decent. 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. SILHORKO-EUROWATER A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 237.16 | 232.30 | 37.05 | 251.96 | 298.63 |
Gross profit | 121.72 | 232.30 | 37.05 | 105.60 | 119.24 |
EBIT | 12.95 | 7.45 | -1.58 | -7.43 | -17.47 |
Net earnings | 37.67 | 18.98 | 4.29 | 14.85 | 11.57 |
Shareholders equity total | 167.34 | 172.62 | 213.65 | 226.90 | 240.48 |
Balance sheet total (assets) | 244.11 | 256.68 | 307.66 | 391.35 | 439.09 |
Net debt | 43.79 | 132.71 | 146.58 | ||
Profitability | |||||
EBIT-% | 5.5 % | 3.2 % | -4.3 % | -2.9 % | -5.8 % |
ROA | 17.4 % | 3.0 % | -0.6 % | 4.4 % | 2.9 % |
ROE | 23.9 % | 11.2 % | 2.2 % | 6.7 % | 4.9 % |
ROI | 21.3 % | 3.3 % | -0.6 % | 4.5 % | 3.1 % |
Economic value added (EVA) | 9.80 | 8.34 | -10.25 | -17.83 | -12.59 |
Solvency | |||||
Equity ratio | 63.4 % | 100.0 % | 100.0 % | 58.3 % | 54.9 % |
Gearing | 26.2 % | 60.7 % | 63.4 % | ||
Relative net indebtedness % | 39.9 % | 60.0 % | 62.5 % | ||
Liquidity | |||||
Quick ratio | 0.5 | 0.8 | 0.6 | ||
Current ratio | 1.2 | 1.3 | 1.1 | ||
Cash and cash equivalents | 0.02 | 4.93 | 5.99 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 34.5 | 45.5 | 42.1 | ||
Net working capital % | 6.2 % | 17.6 % | 3.8 % | ||
Credit risk | |||||
Credit rating | AAA | BBB | AAA | AA |
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