Seasalt Group ApS — Credit Rating and Financial Key Figures

CVR number: 42816531
Titangade 11, 2200 København N

Credit rating

Company information

Official name
Seasalt Group ApS
Established
2021
Company form
Private limited company
Industry

About Seasalt Group ApS

Seasalt Group ApS (CVR number: 42816531) is a company from KØBENHAVN. The company recorded a gross profit of -2678 kDKK in 2024. The operating profit was -2678 kDKK, while net earnings were -35.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -13 %, which can be considered poor and Return on Equity (ROE) was -18.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Seasalt Group ApS's liquidity measured by quick ratio was 0.2 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
2021
2022
2023
2024
Volume
Net sales
Gross profit- 283.98- 491.00-2 678.00
EBIT- 283.98- 491.00-2 678.00
Net earnings45 389.53-35 005.00-35 083.00
Shareholders equity total185 003.57140 774.00240 092.00
Balance sheet total (assets)265 429.72239 859.00293 320.00
Net debt74 863.5282 413.0043 276.00
Profitability
EBIT-%
ROA17.1 %-14.4 %-13.0 %
ROE24.5 %-24.9 %-18.4 %
ROI17.5 %-14.8 %-13.2 %
Economic value added (EVA)- 252.71-13 058.32- 412.87-14 435.70
Solvency
Equity ratio69.7 %58.7 %81.9 %
Gearing40.5 %66.2 %21.8 %
Relative net indebtedness %
Liquidity
Quick ratio13.20.20.2
Current ratio13.20.20.2
Cash and cash equivalents10 797.009 001.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBB

Variable visualization

ROA:-13.0%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.9%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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