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 -6.4 kDKK in 2023. The operating profit was -6.4 kDKK, while net earnings were -7.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -12.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.7 %, 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 1.3 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -6.29 | -6.74 | -6.37 |
EBIT | -6.29 | -6.74 | -6.37 |
Net earnings | -7.06 | 31.93 | -7.68 |
Shareholders equity total | 32.94 | 64.87 | 57.18 |
Balance sheet total (assets) | 58.02 | 116.61 | 108.49 |
Net debt | 0.67 | -51.09 | -28.68 |
Profitability | |||
EBIT-% | |||
ROA | -10.8 % | 38.1 % | -5.2 % |
ROE | -21.4 % | 65.3 % | -12.6 % |
ROI | -18.7 % | 63.2 % | -9.2 % |
Economic value added (EVA) | -6.29 | -6.38 | -4.71 |
Solvency | |||
Equity ratio | 56.8 % | 55.6 % | 52.7 % |
Gearing | 2.0 % | 10.5 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.7 | 1.5 | 1.3 |
Current ratio | 0.7 | 1.5 | 1.3 |
Cash and cash equivalents | 57.88 | 28.68 | |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BBB |
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