Subsea Survey A/S — Credit Rating and Financial Key Figures

CVR number: 38457071
Kai Lindbergs Gade 55, 7730 Hanstholm
mail@subsur.dk
tel: 40412012
www.subsur.dk

Credit rating

Company information

Official name
Subsea Survey A/S
Established
2017
Company form
Limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Subsea Survey A/S

Subsea Survey A/S (CVR number: 38457071) is a company from THISTED. The company recorded a gross profit of 421.9 kDKK in 2023. The operating profit was 361.7 kDKK, while net earnings were 284.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.3 %, which can be considered excellent and Return on Equity (ROE) was 36.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Subsea Survey A/S's liquidity measured by quick ratio was 6.8 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
20192020202120222023
Volume
Net sales
Gross profit262.44156.74129.54242.34421.92
EBIT210.45104.7577.55190.35361.73
Net earnings164.0379.3063.51151.72284.15
Shareholders equity total808.07665.36544.37696.10869.25
Balance sheet total (assets)1 025.77786.13655.42822.841 001.37
Net debt- 331.76- 366.46- 241.73- 502.52- 493.52
Profitability
EBIT-%
ROA23.0 %11.6 %11.6 %26.6 %40.3 %
ROE22.6 %10.8 %10.5 %24.5 %36.3 %
ROI24.0 %12.5 %12.8 %29.6 %44.6 %
Economic value added (EVA)140.0263.3445.18133.09271.82
Solvency
Equity ratio78.8 %84.6 %83.1 %84.6 %86.8 %
Gearing14.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.45.34.86.36.8
Current ratio3.45.34.86.36.8
Cash and cash equivalents448.42366.46241.73502.52493.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:40.3%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.8%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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