Sikjær A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sikjær A/S
Sikjær A/S (CVR number: 31189934) is a company from HERNING. The company recorded a gross profit of 713.5 kDKK in 2023. The operating profit was -174 kDKK, while net earnings were -137.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.6 %, which can be considered poor and Return on Equity (ROE) was -28.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Sikjær A/S's liquidity measured by quick ratio was 1.5 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 | 1 701.00 | 1 279.00 | 1 588.00 | 1 200.00 | 713.49 |
EBIT | 289.00 | 243.00 | 494.00 | 131.00 | - 173.96 |
Net earnings | 222.00 | 187.00 | 378.00 | 94.00 | - 137.23 |
Shareholders equity total | 725.00 | 687.00 | 880.00 | 599.00 | 368.29 |
Balance sheet total (assets) | 1 258.00 | 1 375.00 | 1 591.00 | 1 412.00 | 965.08 |
Net debt | - 489.00 | - 768.00 | -1 063.00 | - 849.00 | - 456.22 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.1 % | 18.5 % | 33.3 % | 8.7 % | -14.6 % |
ROE | 17.2 % | 26.5 % | 48.2 % | 12.7 % | -28.4 % |
ROI | 21.6 % | 30.8 % | 55.8 % | 13.4 % | -20.6 % |
Economic value added (EVA) | 205.76 | 182.86 | 391.26 | 117.37 | - 107.64 |
Solvency | |||||
Equity ratio | 57.6 % | 50.0 % | 55.3 % | 42.4 % | 38.2 % |
Gearing | 14.8 % | 8.6 % | 16.4 % | 55.1 % | 107.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | 1.7 | 1.5 | 1.5 |
Current ratio | 1.2 | 1.3 | 1.7 | 1.5 | 1.5 |
Cash and cash equivalents | 596.00 | 827.00 | 1 207.00 | 1 179.00 | 850.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | BB |
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