SERMAN & TIPSMARK A/S — Credit Rating and Financial Key Figures

CVR number: 21363839
Maltvej 12, 9700 Brønderslev
serman-tipsmark@serman-tipsmark.dk
tel: 70100911
www.serman-tipsmark.dk

Credit rating

Company information

Official name
SERMAN & TIPSMARK A/S
Personnel
57 persons
Established
1998
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About SERMAN & TIPSMARK A/S

SERMAN & TIPSMARK A/S (CVR number: 21363839) is a company from Brønderslev. The company recorded a gross profit of 38.8 mDKK in 2023. The operating profit was 9202 kDKK, while net earnings were 6080.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 29.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.7 %, 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. SERMAN & TIPSMARK A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales77 934.00
Gross profit114 067.0028 216.8728 285.7733 371.1738 766.67
EBIT5 400.003 436.783 065.266 045.099 201.99
Net earnings3 770.002 469.352 227.894 038.296 080.08
Shareholders equity total18 786.0021 256.5923 484.4819 522.7721 102.85
Balance sheet total (assets)52 761.0044 503.8448 660.7473 289.8262 633.54
Net debt20 773.007 732.818 783.2516 573.7114 546.11
Profitability
EBIT-%6.9 %
ROA10.5 %7.1 %6.6 %9.9 %13.6 %
ROE22.3 %12.3 %10.0 %18.8 %29.9 %
ROI13.1 %9.4 %9.2 %15.9 %22.4 %
Economic value added (EVA)3 453.991 740.771 327.193 590.705 466.30
Solvency
Equity ratio35.6 %47.8 %48.3 %26.6 %33.7 %
Gearing111.1 %36.8 %37.9 %84.9 %68.9 %
Relative net indebtedness %41.2 %
Liquidity
Quick ratio0.70.91.01.11.1
Current ratio1.31.61.61.51.7
Cash and cash equivalents104.0095.62113.393.101.41
Capital use efficiency
Trade debtors turnover (days)82.3
Net working capital %10.5 %
Credit risk
Credit ratingAAAABBBA

Variable visualization

ROA:13.6%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.7%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board

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