SÆTHER NORDIC A/S

CVR number: 70333414
Ryttermarken 11, 3520 Farum
tel: 44999099

Credit rating

Company information

Official name
SÆTHER NORDIC A/S
Personnel
129 persons
Established
1982
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About SÆTHER NORDIC A/S

SÆTHER NORDIC A/S (CVR number: 70333414K) is a company from FURESØ. The company reported a net sales of 1445.1 mDKK in 2023, demonstrating a growth of 4.8 % compared to the previous year. The operating profit percentage was at 3.6 % (EBIT: 51.4 mDKK), while net earnings were 31.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.4 %, 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. SÆTHER NORDIC A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales879.29911.681 192.151 378.781 445.07
Gross profit879.29911.681 192.15257.39311.18
EBIT26.8258.7289.4047.6151.40
Net earnings17.0250.2767.7733.2631.68
Shareholders equity total67.57115.71161.66156.45169.07
Balance sheet total (assets)274.16310.93426.92488.21537.74
Net debt132.32109.31
Profitability
EBIT-%3.1 %6.4 %7.5 %3.5 %3.6 %
ROA9.6 %20.1 %24.2 %10.8 %10.1 %
ROE25.7 %54.9 %48.9 %20.9 %19.5 %
ROI12.7 %20.1 %24.2 %13.6 %17.7 %
Economic value added (EVA)24.0155.3383.5928.2431.40
Solvency
Equity ratio100.0 %100.0 %100.0 %32.0 %31.4 %
Gearing85.4 %66.0 %
Relative net indebtedness %23.4 %24.9 %
Liquidity
Quick ratio0.60.5
Current ratio1.51.4
Cash and cash equivalents1.322.25
Capital use efficiency
Trade debtors turnover (days)42.140.5
Net working capital %10.3 %9.7 %
Credit risk
Credit ratingBBBBBBBBBAAA

Variable visualization

ROA:10.1%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.4%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:39.669Z

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