SIKA DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 413 371.00 | 428 998.00 | |||
Gross profit | 78 560.00 | 83 641.00 | 74 338.00 | 89 478.00 | 105 578.00 |
EBIT | 30 317.00 | 35 610.00 | 26 555.00 | 27 164.00 | 30 046.00 |
Net earnings | 23 028.00 | 26 677.00 | 19 344.00 | 15 384.00 | 17 344.00 |
Shareholders equity total | 68 445.00 | 45 122.00 | 44 466.00 | 59 850.00 | 57 194.00 |
Balance sheet total (assets) | 116 524.00 | 116 738.00 | 120 319.00 | 212 825.00 | 232 383.00 |
Net debt | 19 198.00 | 48 548.00 | 51 766.00 | 125 429.00 | 139 020.00 |
Profitability | |||||
EBIT-% | 6.6 % | 7.0 % | |||
ROA | 26.9 % | 30.6 % | 22.5 % | 16.3 % | 13.6 % |
ROE | 38.7 % | 47.0 % | 43.2 % | 29.5 % | 29.6 % |
ROI | 34.1 % | 37.9 % | 26.9 % | 18.8 % | 15.4 % |
Economic value added (EVA) | 19 385.08 | 23 216.95 | 15 726.98 | 15 123.21 | 13 743.77 |
Solvency | |||||
Equity ratio | 58.7 % | 38.7 % | 37.0 % | 28.1 % | 24.6 % |
Gearing | 31.8 % | 112.2 % | 122.0 % | 211.0 % | 244.5 % |
Relative net indebtedness % | 35.9 % | 39.5 % | |||
Liquidity | |||||
Quick ratio | 1.7 | 1.4 | 1.5 | 1.3 | 0.7 |
Current ratio | 2.6 | 2.3 | 2.5 | 2.2 | 1.2 |
Cash and cash equivalents | 2 585.00 | 2 070.00 | 2 485.00 | 869.00 | 846.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 49.8 | 50.9 | |||
Net working capital % | 13.0 % | 4.3 % | |||
Credit risk | |||||
Credit rating | A | A | A | AA | AA |
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