SÆTTEM HOLDING ApS

CVR number: 31171628
Spjellerupvej 5, 4653 Karise

Credit rating

Company information

Official name
SÆTTEM HOLDING ApS
Established
2007
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About SÆTTEM HOLDING ApS

SÆTTEM HOLDING ApS (CVR number: 31171628) is a company from FAXE. The company recorded a gross profit of -5.2 kDKK in 2023. The operating profit was -5.2 kDKK, while net earnings were 19.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 70.7 %, 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. SÆTTEM HOLDING ApS's liquidity measured by quick ratio was 0.3 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
20192020202120222023
Volume
Net sales
Gross profit-5.00-3.53-3.65-4.88-5.25
EBIT-5.00-3.53-3.65-4.88-5.25
Net earnings- 213.04- 218.46- 160.97199.0419.93
Shareholders equity total302.2483.78-41.58157.46177.39
Balance sheet total (assets)379.10143.4223.23226.08251.00
Net debt35.2937.2741.0947.0151.31
Profitability
EBIT-%
ROA-44.3 %-83.6 %-155.2 %136.2 %7.9 %
ROE-52.1 %-113.2 %-300.8 %220.3 %11.9 %
ROI-45.6 %-88.1 %-162.6 %140.7 %8.0 %
Economic value added (EVA)17.018.08-0.78-1.88-0.79
Solvency
Equity ratio79.7 %58.4 %-64.2 %69.6 %70.7 %
Gearing17.9 %66.2 %-143.3 %40.9 %39.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.40.30.3
Current ratio0.50.40.40.30.3
Cash and cash equivalents18.7418.1718.5017.3618.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:7.87%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.7%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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