SJØRRING MASKINFABRIK A/S — Credit Rating and Financial Key Figures

CVR number: 73730317
Sjørringvigvej 4, Sjørring 7700 Thisted
tel: 97971100
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Company information

Official name
SJØRRING MASKINFABRIK A/S
Personnel
188 persons
Established
1984
Domicile
Sjørring
Company form
Limited company
Industry

About SJØRRING MASKINFABRIK A/S

SJØRRING MASKINFABRIK A/S (CVR number: 73730317) is a company from THISTED. The company recorded a gross profit of 116.6 mDKK in 2024. The operating profit was 8502 kDKK, while net earnings were 1151 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 25.7 %, 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. SJØRRING MASKINFABRIK A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit127 054.00116 602.00
EBIT-16 540.0022 160.0012 561.0018 379.008 502.00
Net earnings-9 868.0021 385.008 746.0011 847.001 151.00
Shareholders equity total12 221.0033 606.0042 352.0049 199.0035 350.00
Balance sheet total (assets)102 611.00123 722.00128 985.00133 341.00137 598.00
Net debt24 519.0053 650.00
Profitability
EBIT-%
ROA-15.4 %19.6 %9.9 %15.2 %6.4 %
ROE-57.5 %93.3 %23.0 %25.9 %2.7 %
ROI-15.4 %19.6 %9.9 %19.0 %9.6 %
Economic value added (EVA)-17 649.9221 545.8910 872.3012 227.721 932.75
Solvency
Equity ratio100.0 %100.0 %100.0 %36.9 %25.7 %
Gearing49.9 %152.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.4
Current ratio1.31.0
Cash and cash equivalents48.00201.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:6.42%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.7%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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