S.I.T. ApS — Credit Rating and Financial Key Figures

CVR number: 31866820
Kilen 3, Bov Mark 6330 Padborg
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Company information

Official name
S.I.T. ApS
Personnel
1 person
Established
2014
Domicile
Bov Mark
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit320.03352.13301.07132.06-8.83
EBIT90.32134.8292.1662.73-8.83
Net earnings58.18104.5970.4448.05-18.48
Shareholders equity total500.08604.67675.10723.16704.67
Balance sheet total (assets)1 205.164 199.886 302.815 507.501 954.20
Net debt166.133 040.243 911.014 094.69396.47
Profitability
EBIT-%
ROA1.8 %5.0 %1.8 %1.1 %-0.2 %
ROE12.4 %18.9 %11.0 %6.9 %-2.6 %
ROI2.1 %6.0 %2.2 %1.3 %-0.3 %
Economic value added (EVA)- 324.4765.04- 113.60- 191.74- 251.66
Solvency
Equity ratio41.5 %14.4 %10.7 %13.1 %36.1 %
Gearing59.7 %507.6 %608.3 %570.4 %123.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.21.11.21.6
Current ratio1.71.21.11.21.6
Cash and cash equivalents132.3028.89195.3430.22476.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-0.22%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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