SAFEGEAR ApS — Credit Rating and Financial Key Figures

CVR number: 32878709
Hørkær 14 C, 2730 Herlev
info@safegear.com
tel: 36964353
www.safegear.dk

Company information

Official name
SAFEGEAR ApS
Established
2010
Company form
Private limited company
Industry

About SAFEGEAR ApS

SAFEGEAR ApS (CVR number: 32878709) is a company from HERLEV. The company recorded a gross profit of 564 kDKK in 2024. The operating profit was 6 kDKK, while net earnings were 2.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 38.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SAFEGEAR ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 033.86885.96676.01706.01563.99
EBIT14.739.313.043.705.97
Net earnings9.056.142.650.852.80
Shareholders equity total202.69208.83210.24428.12429.15
Balance sheet total (assets)2 077.922 119.261 881.701 266.181 116.95
Net debt- 280.34- 280.34278.00442.31227.71
Profitability
EBIT-%
ROA0.9 %0.4 %0.2 %0.2 %0.5 %
ROE4.6 %3.0 %1.3 %0.3 %0.7 %
ROI7.5 %4.5 %0.6 %0.4 %0.6 %
Economic value added (EVA)1.89-2.93-7.45-37.27-49.50
Solvency
Equity ratio9.8 %9.9 %11.2 %33.8 %38.4 %
Gearing287.8 %157.9 %79.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.00.91.11.2
Current ratio1.11.11.11.51.6
Cash and cash equivalents280.34280.34327.09233.52113.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:0.50%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.4%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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