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

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
2019
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 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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