SITTRUP HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28284276
Skrædderstræde 6, 9310 Vodskov

Credit rating

Company information

Official name
SITTRUP HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About SITTRUP HOLDING ApS

SITTRUP HOLDING ApS (CVR number: 28284276) is a company from AALBORG. The company recorded a gross profit of -6.6 kDKK in 2023. The operating profit was -6.6 kDKK, while net earnings were -2458.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.6 %, which can be considered poor and Return on Equity (ROE) was -10.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SITTRUP HOLDING ApS's liquidity measured by quick ratio was 0.3 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
2019
2020
2021
2022
2023
Volume
Net sales1 035.641 674.34
Gross profit1 028.551 668.09-6.25-6.33-6.63
EBIT1 028.551 668.09-6.25-6.33-6.63
Net earnings1 039.341 675.483 847.87-1 021.68-2 458.47
Shareholders equity total19 951.1321 556.7625 329.3324 893.1922 041.82
Balance sheet total (assets)20 983.0422 373.7626 275.0826 334.7123 707.83
Net debt236.24348.03387.76889.911 083.67
Profitability
EBIT-%99.3 %99.6 %
ROA5.1 %7.9 %15.9 %-3.7 %-9.6 %
ROE5.3 %8.1 %16.4 %-4.1 %-10.5 %
ROI5.9 %7.9 %15.9 %-3.7 %-9.6 %
Economic value added (EVA)1 071.061 713.5034.80227.00223.42
Solvency
Equity ratio95.1 %96.3 %96.4 %94.5 %93.0 %
Gearing4.5 %3.8 %3.7 %5.8 %7.5 %
Relative net indebtedness %35.9 %21.1 %
Liquidity
Quick ratio0.80.60.60.40.3
Current ratio0.80.60.60.40.3
Cash and cash equivalents660.03463.96552.99546.60577.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-86.8 %-47.4 %
Credit risk
Credit ratingAAAAAAABBB

Variable visualization

ROA:-9.63%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.0%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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