Seewat Danmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Seewat Danmark ApS
Seewat Danmark ApS (CVR number: 38394274) is a company from AALBORG. The company recorded a gross profit of -2.8 kDKK in 2023. The operating profit was -2.8 kDKK, while net earnings were 143.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent and Return on Equity (ROE) was 76.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.7 %, 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. Seewat Danmark ApS's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.50 | -2.75 | -2.82 | -2.81 | |
EBIT | -2.50 | -2.75 | -2.82 | -2.81 | |
Net earnings | 402.64 | - 413.97 | - 531.06 | - 107.55 | 143.67 |
Shareholders equity total | 1 168.98 | 755.01 | 223.95 | 116.40 | 260.07 |
Balance sheet total (assets) | 1 633.54 | 1 164.47 | 779.17 | 675.75 | 974.85 |
Net debt | 0.04 | - 408.41 | 41.20 | 547.37 | 714.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 29.1 % | 5.5 % | 59.4 % | 19.5 % | 17.7 % |
ROE | 41.6 % | -43.0 % | -108.5 % | -63.2 % | 76.3 % |
ROI | 41.8 % | 8.0 % | -102.5 % | -22.4 % | 17.7 % |
Economic value added (EVA) | 34.31 | 53.60 | 44.21 | 20.51 | 14.58 |
Solvency | |||||
Equity ratio | 71.6 % | 64.8 % | 28.7 % | 17.2 % | 26.7 % |
Gearing | 0.0 % | 20.2 % | 480.5 % | 274.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.2 | 0.5 | 0.5 | 0.6 |
Current ratio | 1.0 | 1.2 | 0.5 | 0.5 | 0.6 |
Cash and cash equivalents | 408.41 | 3.95 | 11.97 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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