SEAWELL HOLDING A/S
Credit rating
Company information
About SEAWELL HOLDING A/S
SEAWELL HOLDING A/S (CVR number: 25113934K) is a company from THISTED. The company reported a net sales of 811.8 mDKK in 2022, demonstrating a growth of 7 % compared to the previous year. The operating profit percentage was at 3.9 % (EBIT: 31.9 mDKK), while net earnings were 24.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent and Return on Equity (ROE) was 17.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SEAWELL HOLDING A/S's liquidity measured by quick ratio was 2.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 548.67 | 476.48 | 508.08 | 758.78 | 811.84 |
Gross profit | 49.85 | 47.83 | 55.88 | 70.88 | 76.36 |
EBIT | 12.85 | 16.47 | 21.13 | 28.50 | 31.93 |
Net earnings | 9.26 | 10.97 | 17.43 | 21.48 | 24.16 |
Shareholders equity total | 122.47 | 128.19 | 145.12 | 165.26 | 145.12 |
Balance sheet total (assets) | 174.21 | 182.78 | 210.54 | 225.82 | 210.54 |
Net debt | -28.39 | -45.17 | -56.79 | -79.81 | -89.26 |
Profitability | |||||
EBIT-% | 2.3 % | 3.5 % | 4.2 % | 3.8 % | 3.9 % |
ROA | 7.6 % | 9.2 % | 11.7 % | 13.1 % | 16.0 % |
ROE | 8.5 % | 9.6 % | 14.0 % | 15.1 % | 17.1 % |
ROI | 10.8 % | 13.1 % | 16.7 % | 18.3 % | 20.7 % |
Economic value added (EVA) | 5.61 | 8.11 | 12.30 | 17.87 | 20.63 |
Solvency | |||||
Equity ratio | 70.3 % | 70.1 % | 68.9 % | 73.2 % | 55.5 % |
Gearing | 0.4 % | 0.0 % | |||
Relative net indebtedness % | 4.2 % | 1.9 % | 1.6 % | -2.5 % | -2.0 % |
Liquidity | |||||
Quick ratio | 2.0 | 2.0 | 2.1 | 2.9 | 2.7 |
Current ratio | 2.9 | 3.0 | 2.9 | 3.3 | 3.3 |
Cash and cash equivalents | 28.39 | 45.17 | 57.34 | 79.81 | 89.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 48.5 | 41.7 | 54.4 | 42.4 | 42.2 |
Net working capital % | 17.5 % | 21.9 % | 24.4 % | 18.6 % | 20.6 % |
Credit risk | |||||
Credit rating | A | A | A | A | BB |
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