Seewat Danmark ApS — Credit Rating and Financial Key Figures

CVR number: 38394274
Jyllandsgade 19, 9000 Aalborg
novosk@gmail.com
tel: 60877777

Credit rating

Company information

Official name
Seewat Danmark ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-2.50-2.75-2.82-2.81
EBIT-2.50-2.75-2.82-2.81
Net earnings402.64- 413.97- 531.06- 107.55143.67
Shareholders equity total1 168.98755.01223.95116.40260.07
Balance sheet total (assets)1 633.541 164.47779.17675.75974.85
Net debt0.04- 408.4141.20547.37714.78
Profitability
EBIT-%
ROA29.1 %5.5 %59.4 %19.5 %17.7 %
ROE41.6 %-43.0 %-108.5 %-63.2 %76.3 %
ROI41.8 %8.0 %-102.5 %-22.4 %17.7 %
Economic value added (EVA)34.3153.6044.2120.5114.58
Solvency
Equity ratio71.6 %64.8 %28.7 %17.2 %26.7 %
Gearing0.0 %20.2 %480.5 %274.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.20.50.50.6
Current ratio1.01.20.50.50.6
Cash and cash equivalents408.413.9511.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:17.7%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.7%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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