HANDELSSELSKABET SIBEKA A/S — Credit Rating and Financial Key Figures

CVR number: 70970813
Gothersgade 35, 1123 København K

Credit rating

Company information

Official name
HANDELSSELSKABET SIBEKA A/S
Personnel
1 person
Established
1983
Company form
Limited company
Industry

About HANDELSSELSKABET SIBEKA A/S

HANDELSSELSKABET SIBEKA A/S (CVR number: 70970813) is a company from KØBENHAVN. The company recorded a gross profit of 2615.1 kDKK in 2024. The operating profit was 2513.7 kDKK, while net earnings were 53.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.3 %, which can be considered excellent but Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62.1 %, 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. HANDELSSELSKABET SIBEKA A/S's liquidity measured by quick ratio was 0 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 profit258.743 007.81216.94711.002 615.13
EBIT-71.222 827.5252.30535.362 513.66
Net earnings- 180.122 550.92- 257.24- 794.5053.35
Shareholders equity total13 618.1915 647.5115 390.2714 445.7714 349.12
Balance sheet total (assets)19 809.7531 398.7430 756.6026 286.3723 143.68
Net debt5 716.664 589.508 342.557 727.104 389.09
Profitability
EBIT-%
ROA-0.3 %11.0 %2.0 %4.3 %18.3 %
ROE-1.3 %17.4 %-1.7 %-5.3 %0.4 %
ROI-0.3 %12.9 %2.4 %-0.6 %3.0 %
Economic value added (EVA)-1 004.331 845.22-1 170.21- 849.751 398.95
Solvency
Equity ratio68.7 %49.8 %50.0 %55.0 %62.1 %
Gearing44.3 %55.5 %79.1 %53.6 %32.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.40.50.00.0
Current ratio0.70.80.50.00.0
Cash and cash equivalents321.294 091.693 831.6210.31321.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:18.3%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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