SABIC INNOVATIVE PLASTICS DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 20251476
Lyngby Hovedgade 10 C, 2800 Kongens Lyngby
tel: 33324912
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Credit rating

Company information

Official name
SABIC INNOVATIVE PLASTICS DENMARK ApS
Personnel
1 person
Established
1997
Company form
Private limited company
Industry

About SABIC INNOVATIVE PLASTICS DENMARK ApS

SABIC INNOVATIVE PLASTICS DENMARK ApS (CVR number: 20251476) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 8786.4 kDKK in 2024. The operating profit was 7501.3 kDKK, while net earnings were 7732.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.8 %, which can be considered excellent but Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SABIC INNOVATIVE PLASTICS DENMARK ApS's liquidity measured by quick ratio was 16.4 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 profit4 660.8422 189.2426 503.8410 693.058 786.45
EBIT3 426.0720 784.5825 123.479 339.507 501.25
Net earnings2 691.6316 199.6019 274.258 823.917 732.45
Shareholders equity total21 713.1837 912.7857 187.0366 010.9339 972.38
Balance sheet total (assets)30 253.5756 738.6869 015.8069 226.4642 568.94
Net debt6 779.9413 695.315 464.91
Profitability
EBIT-%
ROA13.7 %47.8 %40.2 %16.7 %17.8 %
ROE13.2 %54.3 %40.5 %14.3 %14.6 %
ROI14.3 %51.8 %44.3 %17.9 %18.7 %
Economic value added (EVA)1 685.6714 775.4916 906.044 106.312 531.71
Solvency
Equity ratio71.8 %66.8 %82.9 %95.4 %93.9 %
Gearing31.4 %36.1 %9.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.63.05.821.516.4
Current ratio3.63.05.821.516.4
Cash and cash equivalents48.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:17.8%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.9%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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