SEASIGHT DAVITS A/S

CVR number: 33879253
Frejasvej 4, Rindum 6950 Ringkøbing

Credit rating

Company information

Official name
SEASIGHT DAVITS A/S
Personnel
26 persons
Established
2011
Domicile
Rindum
Company form
Limited company
Industry
  • Expand more icon282200Manufacture of lifting and handling equipment

About SEASIGHT DAVITS A/S

SEASIGHT DAVITS A/S (CVR number: 33879253) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 17.4 mDKK in 2023. The operating profit was -1050 kDKK, while net earnings were -820 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -3.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3.6 %, 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. SEASIGHT DAVITS 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
20192020202120222023
Volume
Net sales
Gross profit8 519.8115 128.1416 302.0010 144.0017 422.00
EBIT4 774.069 419.894 804.00-5 818.00-1 050.00
Net earnings2 745.546 636.274 967.00-4 286.00- 820.00
Shareholders equity total3 904.519 290.7911 758.00-2 152.002 044.00
Balance sheet total (assets)11 604.6836 704.3223 913.0039 614.0056 847.00
Net debt3 957.1615 758.362 924.0031 893.0044 845.00
Profitability
EBIT-%
ROA46.7 %36.8 %20.8 %-15.9 %0.3 %
ROE108.4 %100.6 %47.2 %-16.7 %-3.9 %
ROI57.4 %41.5 %24.5 %-19.0 %0.4 %
Economic value added (EVA)3 763.187 159.663 615.18-5 024.16- 459.44
Solvency
Equity ratio33.6 %25.3 %49.2 %15.8 %3.6 %
Gearing107.0 %228.3 %26.6 %-1487.8 %2233.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.52.11.21.0
Current ratio1.71.52.31.21.0
Cash and cash equivalents219.265 449.53209.00125.00814.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBBBB

Variable visualization

ROA:0.34%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.60%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.442Z

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