SÆTHER NORDIC A/S
Credit rating
Company information
About SÆTHER NORDIC A/S
SÆTHER NORDIC A/S (CVR number: 70333414) is a company from FURESØ. The company reported a net sales of 1047.8 mDKK in 2023, demonstrating a growth of 9.5 % compared to the previous year. The operating profit percentage was at 0.4 % (EBIT: 4.6 mDKK), while net earnings were 31.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, 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 35.2 %, 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 0.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 956 638.00 | 1 047 813.00 | |
Gross profit | 42 052.00 | 78 665.00 | |
EBIT | -22 998.00 | 4 614.00 | |
Net earnings | 33 260.00 | 31 685.00 | |
Shareholders equity total | 156 450.00 | 169 067.00 | |
Balance sheet total (assets) | 417 952.00 | 479 864.00 | |
Net debt | 162 205.00 | 190 505.00 | |
Profitability | |||
EBIT-% | -2.4 % | 0.4 % | |
ROA | 8.1 % | 9.1 % | |
ROE | 21.3 % | 19.5 % | |
ROI | 10.6 % | 12.1 % | |
Economic value added (EVA) | -1 095.50 | -18 174.26 | 3 574.78 |
Solvency | |||
Equity ratio | 37.4 % | 35.2 % | |
Gearing | 103.7 % | 112.7 % | |
Relative net indebtedness % | 27.3 % | 29.7 % | |
Liquidity | |||
Quick ratio | 0.2 | 0.1 | |
Current ratio | 1.2 | 1.1 | |
Cash and cash equivalents | 7.00 | ||
Capital use efficiency | |||
Trade debtors turnover (days) | 1.0 | 0.2 | |
Net working capital % | 4.3 % | 1.7 % | |
Credit risk | |||
Credit rating | A | AA |
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