SATSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SATSEN ApS
SATSEN ApS (CVR number: 26699827) is a company from HERLEV. The company recorded a gross profit of -32.7 kDKK in 2021. The operating profit was -32.7 kDKK, while net earnings were -41.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -8.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.5 %, 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. SATSEN ApS's liquidity measured by quick ratio was 2.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 130.13 | 151.54 | 21.25 | ||
Gross profit | 51.01 | 53.91 | -5.38 | -1.40 | -32.69 |
EBIT | 45.58 | 2.79 | -5.38 | -1.40 | -32.69 |
Net earnings | 27.20 | -13.12 | -5.38 | -3.54 | -41.66 |
Shareholders equity total | 536.85 | 515.73 | 510.35 | 506.81 | 465.15 |
Balance sheet total (assets) | 1 175.88 | 1 076.15 | 893.87 | 529.81 | 852.81 |
Net debt | - 347.15 | - 357.93 | - 476.42 | - 489.48 | - 852.81 |
Profitability | |||||
EBIT-% | 35.0 % | 1.8 % | -25.3 % | ||
ROA | 5.2 % | 0.5 % | -0.5 % | -0.2 % | -4.7 % |
ROE | 5.2 % | -2.5 % | -1.0 % | -0.7 % | -8.6 % |
ROI | 5.6 % | 0.5 % | -0.6 % | -0.2 % | -6.7 % |
Economic value added (EVA) | 46.57 | 22.54 | 12.92 | 30.35 | -33.56 |
Solvency | |||||
Equity ratio | 45.7 % | 47.9 % | 57.1 % | 95.7 % | 54.5 % |
Gearing | 111.3 % | 101.2 % | 68.6 % | ||
Relative net indebtedness % | -238.8 % | -210.8 % | -2084.5 % | ||
Liquidity | |||||
Quick ratio | 1.6 | 1.7 | 2.3 | 23.0 | 2.2 |
Current ratio | 1.6 | 1.7 | 2.3 | 23.0 | 2.2 |
Cash and cash equivalents | 944.87 | 879.87 | 826.47 | 489.48 | 852.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 22.4 | ||||
Net working capital % | 275.7 % | 253.3 % | 2401.6 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BB | B | B |
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