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

CVR number: 83257717
HI-Park 301, Hammerum 7400 Herning
sika@sika-footwear.dk
tel: 97212888

Credit rating

Company information

Official name
SIKA FOOTWEAR A/S
Personnel
66 persons
Established
1977
Domicile
Hammerum
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About SIKA FOOTWEAR A/S

SIKA FOOTWEAR A/S (CVR number: 83257717) is a company from HERNING. The company recorded a gross profit of 61.6 mDKK in 2024. The operating profit was 13.7 mDKK, while net earnings were 10.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good and Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 59.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SIKA FOOTWEAR A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit56 277.0063 854.0067 160.0060 556.7561 564.42
EBIT13 680.0022 998.0021 524.0014 034.5813 730.40
Net earnings12 809.0018 310.0019 064.0010 637.1310 405.17
Shareholders equity total69 896.0076 615.0079 667.0090 010.6592 249.72
Balance sheet total (assets)106 684.00130 006.00139 728.00135 794.37155 433.94
Net debt7 915.0431 454.79
Profitability
EBIT-%
ROA13.6 %19.4 %16.0 %10.7 %10.0 %
ROE18.9 %25.0 %24.4 %12.5 %11.4 %
ROI13.6 %19.4 %16.0 %11.8 %12.3 %
Economic value added (EVA)10 365.7619 485.7317 674.106 897.476 830.84
Solvency
Equity ratio100.0 %100.0 %100.0 %66.3 %59.3 %
Gearing20.5 %39.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.40.9
Current ratio2.92.4
Cash and cash equivalents10 523.364 484.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:10.0%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.3%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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