SIKA FOOTWEAR A/S — Credit Rating and Financial Key Figures

SIKA FOOTWEAR A/S (CVR number: 83257717) is a company from HERNING. The company recorded a gross profit of 60.6 mDKK in 2023. The operating profit was 14 mDKK, while net earnings were 10.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good and Return on Equity (ROE) was 12.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 66.3 %, 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. SIKA FOOTWEAR A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.