K/S SILKEGADE 13 — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S SILKEGADE 13
K/S SILKEGADE 13 (CVR number: 27972756) is a company from SOLRØD. The company reported a net sales of 5.7 mDKK in 2023, demonstrating a growth of 7.7 % compared to the previous year. The operating profit percentage was at 76.6 % (EBIT: 4.3 mDKK), while net earnings were 2636.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 58 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. K/S SILKEGADE 13's liquidity measured by quick ratio was 4.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 952.23 | 4 668.81 | 4 626.95 | 5 272.63 | 5 676.31 |
Gross profit | 3 731.90 | 3 372.33 | 2 976.00 | 4 128.01 | 4 348.40 |
EBIT | 4 731.90 | 3 760.55 | 6 429.24 | 8 128.01 | 4 348.40 |
Net earnings | 2 204.91 | - 606.38 | 5 570.95 | 15 874.77 | 2 636.63 |
Shareholders equity total | 43 464.00 | 44 626.36 | 49 447.31 | 63 722.08 | 64 608.71 |
Balance sheet total (assets) | 100 299.94 | 101 506.19 | 105 284.48 | 111 380.33 | 111 480.62 |
Net debt | 47 252.69 | 49 582.67 | 49 608.05 | 38 968.33 | 38 233.60 |
Profitability | |||||
EBIT-% | 95.6 % | 80.5 % | 139.0 % | 154.2 % | 76.6 % |
ROA | 4.7 % | 6.1 % | 6.4 % | 17.5 % | 4.4 % |
ROE | 5.0 % | -1.4 % | 11.8 % | 28.1 % | 4.1 % |
ROI | 4.8 % | 6.3 % | 6.5 % | 17.7 % | 4.5 % |
Economic value added (EVA) | 269.82 | - 735.40 | 1 750.12 | 3 210.55 | - 846.48 |
Solvency | |||||
Equity ratio | 43.3 % | 44.0 % | 47.0 % | 57.2 % | 58.0 % |
Gearing | 116.9 % | 120.3 % | 107.0 % | 69.6 % | 67.7 % |
Relative net indebtedness % | 1076.0 % | 1130.3 % | 1135.9 % | 802.1 % | 729.2 % |
Liquidity | |||||
Quick ratio | 0.7 | 1.8 | 1.5 | 2.5 | 4.1 |
Current ratio | 0.7 | 1.8 | 1.5 | 2.5 | 4.1 |
Cash and cash equivalents | 3 549.94 | 4 106.19 | 3 278.10 | 5 365.62 | 5 479.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.2 | ||||
Net working capital % | -94.0 % | -29.1 % | -46.6 % | -28.9 % | -17.8 % |
Credit risk | |||||
Credit rating | AAA | AA | AA | AA | AAA |
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