Setifas ApS — Credit Rating and Financial Key Figures

CVR number: 42665150
Dybensgade 6, 1071 København K

Company information

Official name
Setifas ApS
Established
2021
Company form
Private limited company
Industry

About Setifas ApS

Setifas ApS (CVR number: 42665150) is a company from KØBENHAVN. The company recorded a gross profit of 152.7 kDKK in 2023. The operating profit was 142.7 kDKK, while net earnings were 70.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Setifas ApS's liquidity measured by quick ratio was 23.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit235.11142.90152.70
EBIT225.11132.90142.69
Net earnings- 336.24341.9770.74
Shareholders equity total21 223.0328 115.1528 185.89
Balance sheet total (assets)23 061.9930 114.9528 923.17
Net debt-14 514.89-15 866.30-1 800.93
Profitability
EBIT-%
ROA1.5 %1.9 %0.6 %
ROE-1.6 %1.4 %0.3 %
ROI-0.9 %2.0 %0.6 %
Economic value added (EVA)263.33- 191.60- 105.28
Solvency
Equity ratio92.0 %93.4 %97.5 %
Gearing2.5 %1.9 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio9.99.123.3
Current ratio9.99.123.3
Cash and cash equivalents15 038.4016 392.692 172.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAA

Variable visualization

ROA:0.59%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.5%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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