SEAWAY TRADING A/S

CVR number: 73776716
Nyvej 18, 1851 Frederiksberg C
seaway@seaway.dk
tel: 33121110

Credit rating

Company information

Official name
SEAWAY TRADING A/S
Established
1984
Company form
Limited company
Industry
  • Expand more icon52Warehousing and support activities for transportation

About SEAWAY TRADING A/S

SEAWAY TRADING A/S (CVR number: 73776716) is a company from FREDERIKSBERG. The company recorded a gross profit of -77.6 kDKK in 2022. The operating profit was -80.5 kDKK, while net earnings were -73.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -11.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -58.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SEAWAY TRADING A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit95.5466.6610.96115.55-77.63
EBIT73.6138.407.97104.00-80.53
Net earnings72.9630.343.5499.66-73.64
Shareholders equity total- 783.57- 753.23- 749.69- 650.03- 723.67
Balance sheet total (assets)495.54494.36484.15719.87522.71
Net debt1 109.671 103.821 129.00904.961 076.18
Profitability
EBIT-%
ROA5.8 %3.1 %0.6 %8.0 %-6.2 %
ROE16.3 %6.1 %0.7 %16.6 %-11.9 %
ROI5.9 %3.2 %0.7 %8.5 %-6.6 %
Economic value added (EVA)117.5283.2751.54146.44-31.28
Solvency
Equity ratio-61.3 %-60.4 %-60.8 %-47.5 %-58.1 %
Gearing-155.6 %-161.6 %-163.2 %-190.0 %-168.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.40.50.4
Current ratio0.40.40.40.50.4
Cash and cash equivalents109.44113.7794.84329.95140.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-6.16%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-58.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:26.142Z

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