Subsea Management Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Subsea Management Holding ApS
Subsea Management Holding ApS (CVR number: 41600071) is a company from ASSENS. The company recorded a gross profit of -6.6 kDKK in 2024. The operating profit was -6.6 kDKK, while net earnings were 31.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.2 %, which can be considered excellent and Return on Equity (ROE) was 43 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Subsea Management Holding ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -6.29 | -6.74 | -6.37 | -6.63 |
EBIT | -6.29 | -6.74 | -6.37 | -6.63 |
Net earnings | -7.06 | 31.93 | -7.68 | 31.32 |
Shareholders equity total | 32.94 | 64.87 | 57.18 | 88.50 |
Balance sheet total (assets) | 58.02 | 116.61 | 108.49 | 155.76 |
Net debt | 0.67 | -51.09 | -28.68 | -41.96 |
Profitability | ||||
EBIT-% | ||||
ROA | -10.8 % | 38.1 % | -5.2 % | 26.2 % |
ROE | -21.4 % | 65.3 % | -12.6 % | 43.0 % |
ROI | -18.7 % | 63.2 % | -9.2 % | 47.6 % |
Economic value added (EVA) | -6.29 | -8.43 | -9.97 | -9.48 |
Solvency | ||||
Equity ratio | 56.8 % | 55.6 % | 52.7 % | 56.8 % |
Gearing | 2.0 % | 10.5 % | ||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.7 | 1.5 | 1.3 | 1.7 |
Current ratio | 0.7 | 1.5 | 1.3 | 1.7 |
Cash and cash equivalents | 57.88 | 28.68 | 41.96 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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