SIRENA GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SIRENA GROUP A/S
SIRENA GROUP A/S (CVR number: 16993573) is a company from RUDERSDAL. The company reported a net sales of 1670.3 mDKK in 2023, demonstrating a decline of -6.9 % compared to the previous year. The operating profit percentage was at 1.6 % (EBIT: 26 mDKK), while net earnings were 10.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 32.3 %, 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. SIRENA GROUP A/S's liquidity measured by quick ratio was 0.7 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 | 1 334.09 | 1 059.95 | 1 215.69 | 1 793.22 | 1 670.31 |
Gross profit | 35.68 | 28.56 | 38.96 | 64.04 | 54.90 |
EBIT | 14.10 | 8.54 | 12.47 | 34.36 | 25.98 |
Net earnings | -15.37 | 3.42 | 25.17 | 37.49 | 10.66 |
Shareholders equity total | 128.42 | 392.59 | 396.06 | 315.07 | 192.11 |
Balance sheet total (assets) | 473.22 | 658.68 | 618.96 | 709.84 | 596.37 |
Net debt | 166.19 | 131.69 | 84.42 | 228.44 | 292.05 |
Profitability | |||||
EBIT-% | 1.1 % | 0.8 % | 1.0 % | 1.9 % | 1.6 % |
ROA | -0.2 % | 2.3 % | 5.4 % | 8.2 % | 5.2 % |
ROE | -11.4 % | 1.3 % | 6.4 % | 10.5 % | 4.2 % |
ROI | -0.4 % | 3.2 % | 6.8 % | 10.5 % | 6.5 % |
Economic value added (EVA) | -3.01 | -7.48 | -16.52 | 2.63 | -8.07 |
Solvency | |||||
Equity ratio | 27.2 % | 59.9 % | 64.1 % | 44.4 % | 32.3 % |
Gearing | 130.3 % | 33.5 % | 21.9 % | 74.1 % | 152.0 % |
Relative net indebtedness % | 25.8 % | 25.1 % | 18.2 % | 21.7 % | 24.2 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 0.8 | 0.8 | 0.7 |
Current ratio | 1.0 | 1.1 | 1.2 | 1.2 | 1.2 |
Cash and cash equivalents | 1.09 | 0.01 | 2.24 | 4.89 | 0.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 23.3 | 27.5 | 37.3 | 49.3 | 54.3 |
Net working capital % | 1.2 % | 1.3 % | 4.0 % | 4.6 % | 3.8 % |
Credit risk | |||||
Credit rating | A | AA | AA | A | A |
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