SELEK DANMARK ApS β€” Credit Rating and Financial Key Figures

CVR number: 18220571
Troensevej 11, 9220 Aalborg Øst

Credit rating

Company information

Official name
SELEK DANMARK ApS
Personnel
5 persons
Established
1994
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About SELEK DANMARK ApS

SELEK DANMARK ApS (CVR number: 18220571) is a company from AALBORG. The company recorded a gross profit of 7020.8 kDKK in 2023. The operating profit was 988.9 kDKK, while net earnings were -130.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was -5.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SELEK DANMARK ApS'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 212.034 152.016 329.195 762.097 020.80
EBIT- 485.891 011.582 207.68-1 062.69988.92
Net earnings- 826.56319.931 191.33-1 525.62- 130.62
Shareholders equity total4 299.914 619.843 811.172 285.552 154.93
Balance sheet total (assets)9 922.0010 019.8414 938.7012 063.386 221.84
Net debt2 016.72- 261.72-1 062.086 284.14- 209.60
Profitability
EBIT-%
ROA-4.5 %10.8 %18.9 %-6.8 %12.5 %
ROE-17.5 %7.2 %28.3 %-50.0 %-5.9 %
ROI-6.3 %17.4 %34.6 %-10.1 %15.9 %
Economic value added (EVA)- 596.97648.201 517.00- 819.72726.43
Solvency
Equity ratio43.3 %46.1 %25.5 %18.9 %34.6 %
Gearing65.1 %14.3 %75.5 %335.8 %105.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.30.81.0
Current ratio1.71.91.51.21.5
Cash and cash equivalents783.02923.243 940.861 389.642 492.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:12.5%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.6%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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