SÆTHER NORDIC A/S
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 879.29 | 911.68 | 1 192.15 | 1 378.78 | 1 445.07 |
Gross profit | 879.29 | 911.68 | 1 192.15 | 257.39 | 311.18 |
EBIT | 26.82 | 58.72 | 89.40 | 47.61 | 51.40 |
Net earnings | 17.02 | 50.27 | 67.77 | 33.26 | 31.68 |
Shareholders equity total | 67.57 | 115.71 | 161.66 | 156.45 | 169.07 |
Balance sheet total (assets) | 274.16 | 310.93 | 426.92 | 488.21 | 537.74 |
Net debt | 132.32 | 109.31 | |||
Profitability | |||||
EBIT-% | 3.1 % | 6.4 % | 7.5 % | 3.5 % | 3.6 % |
ROA | 9.6 % | 20.1 % | 24.2 % | 10.8 % | 10.1 % |
ROE | 25.7 % | 54.9 % | 48.9 % | 20.9 % | 19.5 % |
ROI | 12.7 % | 20.1 % | 24.2 % | 13.6 % | 17.7 % |
Economic value added (EVA) | 24.01 | 55.33 | 83.59 | 28.24 | 31.40 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 32.0 % | 31.4 % |
Gearing | 85.4 % | 66.0 % | |||
Relative net indebtedness % | 23.4 % | 24.9 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | |||
Current ratio | 1.5 | 1.4 | |||
Cash and cash equivalents | 1.32 | 2.25 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 42.1 | 40.5 | |||
Net working capital % | 10.3 % | 9.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | A |
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