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

CVR number: 55188114
Hirsemarken 5, 3520 Farum
sika@dk.sika.com
tel: 48188585

Company information

Official name
SIKA DANMARK A/S
Personnel
75 persons
Established
1960
Company form
Limited company
Industry

About SIKA DANMARK A/S

SIKA DANMARK A/S (CVR number: 55188114) is a company from FURESØ. The company reported a net sales of 429 mDKK in 2024, demonstrating a growth of 3.8 % compared to the previous year. The operating profit percentage was at 7 % (EBIT: 30 mDKK), while net earnings were 17.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 29.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.6 %, 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. SIKA DANMARK 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales413 371.00428 998.00
Gross profit78 560.0083 641.0074 338.0089 478.00105 578.00
EBIT30 317.0035 610.0026 555.0027 164.0030 046.00
Net earnings23 028.0026 677.0019 344.0015 384.0017 344.00
Shareholders equity total68 445.0045 122.0044 466.0059 850.0057 194.00
Balance sheet total (assets)116 524.00116 738.00120 319.00212 825.00232 383.00
Net debt19 198.0048 548.0051 766.00125 429.00139 020.00
Profitability
EBIT-%6.6 %7.0 %
ROA26.9 %30.6 %22.5 %16.3 %13.6 %
ROE38.7 %47.0 %43.2 %29.5 %29.6 %
ROI34.1 %37.9 %26.9 %18.8 %15.4 %
Economic value added (EVA)19 385.0823 216.9515 726.9815 123.2113 743.77
Solvency
Equity ratio58.7 %38.7 %37.0 %28.1 %24.6 %
Gearing31.8 %112.2 %122.0 %211.0 %244.5 %
Relative net indebtedness %35.9 %39.5 %
Liquidity
Quick ratio1.71.41.51.30.7
Current ratio2.62.32.52.21.2
Cash and cash equivalents2 585.002 070.002 485.00869.00846.00
Capital use efficiency
Trade debtors turnover (days)49.850.9
Net working capital %13.0 %4.3 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:13.6%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.6%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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