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SEAWELL HOLDING A/S — Credit Rating and Financial Key Figures
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 687.3 mDKK in 2024, demonstrating a decline of -5.5 % compared to the previous year. The operating profit percentage was at 2.6 % (EBIT: 17.5 mDKK), while net earnings were 14 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 80.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SEAWELL HOLDING A/S's liquidity measured by quick ratio was 3.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 508.08 | 758.78 | 811.84 | 727.57 | 687.30 |
| Gross profit | 55.88 | 70.88 | 76.36 | 58.08 | 53.95 |
| EBIT | 21.13 | 28.50 | 31.93 | 11.33 | 17.55 |
| Net earnings | 17.43 | 21.48 | 24.16 | 10.37 | 14.04 |
| Shareholders equity total | 145.12 | 165.26 | 188.30 | 198.26 | 212.30 |
| Balance sheet total (assets) | 210.54 | 225.82 | 261.40 | 253.16 | 263.45 |
| Net debt | -99.92 | - 113.16 | |||
| Profitability | |||||
| EBIT-% | 4.2 % | 3.8 % | 3.9 % | 1.6 % | 2.6 % |
| ROA | 10.7 % | 13.1 % | 13.1 % | 6.1 % | 7.6 % |
| ROE | 13.3 % | 13.8 % | 13.7 % | 5.6 % | 7.3 % |
| ROI | 12.4 % | 13.1 % | 13.1 % | 5.9 % | 8.9 % |
| Economic value added (EVA) | 14.66 | 21.21 | 23.62 | -0.62 | 3.79 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 78.3 % | 80.7 % |
| Gearing | 0.0 % | 0.0 % | |||
| Relative net indebtedness % | -6.2 % | -9.0 % | |||
| Liquidity | |||||
| Quick ratio | 3.4 | 3.8 | |||
| Current ratio | 4.2 | 4.7 | |||
| Cash and cash equivalents | 99.92 | 113.16 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 39.9 | 39.6 | |||
| Net working capital % | 24.0 % | 27.8 % | |||
| Credit risk | |||||
| Credit rating | BBB | A | A | A | A |
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