Secure Payment A/S — Credit Rating and Financial Key Figures

CVR number: 38472585
Ouskær 32, 7100 Vejle

Credit rating

Company information

Official name
Secure Payment A/S
Personnel
1 person
Established
2017
Company form
Limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About Secure Payment A/S

Secure Payment A/S (CVR number: 38472585) is a company from VEJLE. The company recorded a gross profit of 5432.5 kDKK in 2023. The operating profit was 5405.7 kDKK, while net earnings were 7118.9 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 148.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 3.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Secure Payment A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 150.824 147.273 981.414 522.715 432.49
EBIT4 389.732 383.282 933.344 458.545 405.75
Net earnings3 330.621 419.411 728.453 050.977 118.89
Shareholders equity total3 842.643 262.062 940.515 991.483 621.81
Balance sheet total (assets)49 929.4771 155.66119 539.25117 647.34114 182.11
Net debt-48 088.82-63 541.07- 117 691.47- 116 133.31- 111 872.78
Profitability
EBIT-%
ROA9.1 %3.9 %3.1 %3.9 %7.9 %
ROE100.1 %40.0 %55.7 %68.3 %148.1 %
ROI123.1 %39.3 %45.4 %77.0 %145.4 %
Economic value added (EVA)5 750.883 942.765 548.709 275.759 816.22
Solvency
Equity ratio7.7 %4.6 %2.5 %5.1 %3.2 %
Gearing0.1 %144.2 %55.4 %21.6 %45.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.01.01.11.0
Current ratio1.11.01.01.11.0
Cash and cash equivalents48 091.5268 244.19119 321.60117 428.82113 509.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:7.88%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.17%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

Companies in the same industry

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