Secher Fine Art & Design ApS — Credit Rating and Financial Key Figures

CVR number: 32439039
Bredgade 25 A, 1260 København K
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Company information

Official name
Secher Fine Art & Design ApS
Personnel
2 persons
Established
2009
Company form
Private limited company
Industry

About Secher Fine Art & Design ApS

Secher Fine Art & Design ApS (CVR number: 32439039) is a company from KØBENHAVN. The company recorded a gross profit of 880.4 kDKK in 2024. The operating profit was -447.9 kDKK, while net earnings were -365 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.5 %, which can be considered poor and Return on Equity (ROE) was -22.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.3 %, 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. Secher Fine Art & Design ApS's liquidity measured by quick ratio was 0.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 045.09692.661 441.801 312.02880.36
EBIT1 141.14- 350.1636.6314.06- 447.88
Net earnings924.95- 312.934.79-8.41- 364.95
Shareholders equity total2 121.181 808.261 813.051 804.641 439.68
Balance sheet total (assets)6 893.422 443.352 475.503 102.864 084.11
Net debt-4 712.55- 375.20- 344.56- 660.22-1 430.12
Profitability
EBIT-%
ROA23.3 %-7.5 %1.5 %0.5 %-12.5 %
ROE52.3 %-15.9 %0.3 %-0.5 %-22.5 %
ROI55.5 %-17.7 %2.0 %0.8 %-27.3 %
Economic value added (EVA)1 041.05- 396.33-65.83-82.18- 451.95
Solvency
Equity ratio30.8 %74.0 %74.7 %58.2 %35.3 %
Gearing1.1 %1.2 %1.1 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.51.51.00.8
Current ratio1.43.53.52.21.5
Cash and cash equivalents4 712.55394.59365.60679.481 443.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-12.5%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.3%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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