SAIERNICO EUROPE A/S

CVR number: 33056567
Østergade 18, 6500 Vojens
info-europe@saiernico.com
tel: 74540222
www.saiernico.com

Credit rating

Company information

Official name
SAIERNICO EUROPE A/S
Personnel
1 person
Established
2010
Company form
Limited company
Industry
  • Expand more icon72Scientific research and development

About SAIERNICO EUROPE A/S

SAIERNICO EUROPE A/S (CVR number: 33056567) is a company from HADERSLEV. The company reported a net sales of 2.3 mDKK in 2023, demonstrating a decline of -14.1 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 0 mDKK), while net earnings were 173 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 22 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SAIERNICO EUROPE A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales1 876.511 805.742 081.662 624.432 255.52
Gross profit1 380.771 470.401 826.971 851.631 463.96
EBIT36.7939.9640.8248.7442.31
Net earnings52.9063.29161.61- 255.73172.97
Shareholders equity total731.09794.38955.99700.27873.24
Balance sheet total (assets)3 567.103 854.843 968.684 055.674 915.57
Net debt- 528.74- 676.03- 779.74- 471.75- 119.58
Profitability
EBIT-%2.0 %2.2 %2.0 %1.9 %1.9 %
ROA2.1 %2.7 %5.7 %2.6 %5.3 %
ROE7.5 %8.3 %18.5 %-30.9 %22.0 %
ROI2.2 %2.9 %6.0 %2.7 %5.4 %
Economic value added (EVA)138.04147.52165.10171.38185.10
Solvency
Equity ratio20.5 %20.6 %24.1 %17.3 %17.8 %
Gearing345.9 %348.8 %295.8 %466.4 %449.6 %
Relative net indebtedness %-11.8 %-21.4 %-28.6 %-14.6 %-0.2 %
Liquidity
Quick ratio1.11.11.21.11.0
Current ratio1.11.11.21.11.0
Cash and cash equivalents3 057.883 446.643 607.593 737.994 045.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-56.4 %-64.4 %-74.5 %-51.9 %-87.6 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:5.30%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.8%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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