SILTEC A/S — Credit Rating and Financial Key Figures

CVR number: 17154737
Funder Dalgårdsvej 2, 8600 Silkeborg
siltec@siltec.dk
tel: 86851044

Company information

Official name
SILTEC A/S
Personnel
19 persons
Established
1993
Company form
Limited company
Industry

About SILTEC A/S

SILTEC A/S (CVR number: 17154737) is a company from SILKEBORG. The company recorded a gross profit of 30.5 mDKK in 2023. The operating profit was 22.8 mDKK, while net earnings were 17.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 38 %, which can be considered excellent and Return on Equity (ROE) was 43.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.8 %, 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. SILTEC A/S's liquidity measured by quick ratio was 1.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit25 324.3725 887.2030 561.5028 705.5830 478.74
EBIT10 683.7510 890.1618 650.7315 706.7522 756.68
Net earnings8 215.168 402.0514 491.0912 412.4617 315.17
Shareholders equity total32 238.5933 640.6439 131.7337 544.1942 859.37
Balance sheet total (assets)50 625.8649 287.2456 948.4657 365.0664 146.06
Net debt14 854.558 440.317 689.729 898.654 972.99
Profitability
EBIT-%
ROA21.7 %22.6 %36.1 %28.5 %38.0 %
ROE26.0 %25.5 %39.8 %32.4 %43.1 %
ROI23.2 %24.3 %40.2 %32.0 %42.7 %
Economic value added (EVA)7 031.626 884.5112 922.4110 458.5716 001.63
Solvency
Equity ratio63.7 %68.3 %68.7 %65.4 %66.8 %
Gearing50.7 %31.8 %28.9 %34.3 %32.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.41.61.41.7
Current ratio1.92.42.62.42.7
Cash and cash equivalents1 500.652 243.583 622.162 994.398 831.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:38.0%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.8%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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