S.I.T. ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About S.I.T. ApS
S.I.T. ApS (CVR number: 31866820) is a company from AABENRAA. The company recorded a gross profit of -8.8 kDKK in 2024. The operating profit was -8.8 kDKK, while net earnings were -18.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.1 %, 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. S.I.T. ApS's liquidity measured by quick ratio was 1.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 320.03 | 352.13 | 301.07 | 132.06 | -8.83 |
EBIT | 90.32 | 134.82 | 92.16 | 62.73 | -8.83 |
Net earnings | 58.18 | 104.59 | 70.44 | 48.05 | -18.48 |
Shareholders equity total | 500.08 | 604.67 | 675.10 | 723.16 | 704.67 |
Balance sheet total (assets) | 1 205.16 | 4 199.88 | 6 302.81 | 5 507.50 | 1 954.20 |
Net debt | 166.13 | 3 040.24 | 3 911.01 | 4 094.69 | 396.47 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.8 % | 5.0 % | 1.8 % | 1.1 % | -0.2 % |
ROE | 12.4 % | 18.9 % | 11.0 % | 6.9 % | -2.6 % |
ROI | 2.1 % | 6.0 % | 2.2 % | 1.3 % | -0.3 % |
Economic value added (EVA) | - 324.47 | 65.04 | - 113.60 | - 191.74 | - 251.66 |
Solvency | |||||
Equity ratio | 41.5 % | 14.4 % | 10.7 % | 13.1 % | 36.1 % |
Gearing | 59.7 % | 507.6 % | 608.3 % | 570.4 % | 123.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.2 | 1.1 | 1.2 | 1.6 |
Current ratio | 1.7 | 1.2 | 1.1 | 1.2 | 1.6 |
Cash and cash equivalents | 132.30 | 28.89 | 195.34 | 30.22 | 476.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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