SERRIDSLEV TRÆINDUSTRI A/S — Credit Rating and Financial Key Figures

CVR number: 29849900
Nebelvej 37, 8700 Horsens
tel: 75667052

Credit rating

Company information

Official name
SERRIDSLEV TRÆINDUSTRI A/S
Personnel
8 persons
Established
2006
Company form
Limited company
Industry
  • Expand more icon16Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

About SERRIDSLEV TRÆINDUSTRI A/S

SERRIDSLEV TRÆINDUSTRI A/S (CVR number: 29849900) is a company from HORSENS. The company recorded a gross profit of 21.5 mDKK in 2023. The operating profit was 16.9 mDKK, while net earnings were 13 mDKK. The profitability of the company measured by Return on Assets (ROA) was 81.2 %, which can be considered excellent and Return on Equity (ROE) was 90.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SERRIDSLEV TRÆINDUSTRI A/S's liquidity measured by quick ratio was 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit8 000.665 362.9110 031.2812 932.9521 526.07
EBIT4 725.403 102.426 974.879 292.1716 926.86
Net earnings3 631.882 382.255 427.807 053.5613 006.56
Shareholders equity total6 029.674 911.928 839.7210 893.2817 899.84
Balance sheet total (assets)8 262.737 027.8512 731.7615 461.2426 435.99
Net debt-2 408.91-1 187.73- 180.85-2 774.75-8 451.09
Profitability
EBIT-%
ROA47.4 %40.6 %70.6 %65.9 %81.2 %
ROE50.3 %43.5 %78.9 %71.5 %90.3 %
ROI53.2 %48.3 %92.5 %84.3 %104.4 %
Economic value added (EVA)3 445.962 305.905 281.256 852.1012 867.62
Solvency
Equity ratio73.0 %69.9 %69.4 %70.5 %67.7 %
Gearing22.8 %10.3 %9.1 %13.6 %12.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.51.61.62.2
Current ratio3.63.23.23.33.1
Cash and cash equivalents3 781.111 696.04982.674 257.8410 718.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:81.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.7%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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