SAFEGEAR ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 033.86 | 885.96 | 676.01 | 706.01 | 563.99 |
EBIT | 14.73 | 9.31 | 3.04 | 3.70 | 5.97 |
Net earnings | 9.05 | 6.14 | 2.65 | 0.85 | 2.80 |
Shareholders equity total | 202.69 | 208.83 | 210.24 | 428.12 | 429.15 |
Balance sheet total (assets) | 2 077.92 | 2 119.26 | 1 881.70 | 1 266.18 | 1 116.95 |
Net debt | - 280.34 | - 280.34 | 278.00 | 442.31 | 227.71 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.9 % | 0.4 % | 0.2 % | 0.2 % | 0.5 % |
ROE | 4.6 % | 3.0 % | 1.3 % | 0.3 % | 0.7 % |
ROI | 7.5 % | 4.5 % | 0.6 % | 0.4 % | 0.6 % |
Economic value added (EVA) | 1.89 | -2.93 | -7.45 | -37.27 | -49.50 |
Solvency | |||||
Equity ratio | 9.8 % | 9.9 % | 11.2 % | 33.8 % | 38.4 % |
Gearing | 287.8 % | 157.9 % | 79.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 0.9 | 1.1 | 1.2 |
Current ratio | 1.1 | 1.1 | 1.1 | 1.5 | 1.6 |
Cash and cash equivalents | 280.34 | 280.34 | 327.09 | 233.52 | 113.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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