SIFF ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SIFF ApS
SIFF ApS (CVR number: 32646824) is a company from FREDERICIA. The company recorded a gross profit of -16.8 kDKK in 2023. The operating profit was -16.8 kDKK, while net earnings were -169.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.9 %, which can be considered excellent but Return on Equity (ROE) was -18.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.1 %, 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. SIFF ApS's liquidity measured by quick ratio was 2.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 182.60 | 236.47 | 387.22 | 37.72 | -16.84 |
EBIT | 182.60 | 236.47 | 387.22 | -1 426.53 | -16.84 |
Net earnings | 99.49 | 162.59 | 275.20 | -1 308.40 | - 169.44 |
Shareholders equity total | 1 884.77 | 2 047.36 | 2 322.57 | 1 014.16 | 844.72 |
Balance sheet total (assets) | 5 461.26 | 5 405.33 | 5 480.03 | 1 140.86 | 1 339.76 |
Net debt | 3 374.22 | 3 231.83 | 2 935.65 | -1 050.72 | - 498.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.3 % | 4.4 % | 7.2 % | -38.8 % | 26.9 % |
ROE | 5.4 % | 8.3 % | 12.6 % | -78.4 % | -18.2 % |
ROI | 3.4 % | 4.4 % | 7.3 % | -39.9 % | 27.9 % |
Economic value added (EVA) | - 118.51 | -46.93 | 68.68 | -1 625.27 | -8.82 |
Solvency | |||||
Equity ratio | 34.5 % | 37.9 % | 42.4 % | 88.9 % | 63.1 % |
Gearing | 184.4 % | 160.1 % | 131.5 % | 4.9 % | 57.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 0.2 | 9.0 | 2.7 |
Current ratio | 0.2 | 0.1 | 0.2 | 9.0 | 2.7 |
Cash and cash equivalents | 100.69 | 45.28 | 118.40 | 1 100.01 | 984.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
Variable visualization
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