SLETH A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SLETH A/S
SLETH A/S (CVR number: 32154557) is a company from AARHUS. The company recorded a gross profit of 15.6 mDKK in 2023. The operating profit was -6661.5 kDKK, while net earnings were -5195.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -66.1 %, which can be considered poor and Return on Equity (ROE) was -94.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.2 %, 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. SLETH A/S's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 12 960.59 | 16 370.93 | 20 609.73 | 22 846.97 | 15 558.40 |
EBIT | 43.08 | 3 905.14 | 4 477.52 | 1 861.16 | -6 661.48 |
Net earnings | 13.01 | 3 008.21 | 3 439.56 | 1 363.25 | -5 195.83 |
Shareholders equity total | 1 260.73 | 4 268.94 | 7 458.50 | 8 321.75 | 2 625.93 |
Balance sheet total (assets) | 4 814.95 | 8 346.91 | 11 671.54 | 12 773.26 | 7 261.47 |
Net debt | 503.53 | -4 787.09 | -1 112.37 | -4 923.05 | - 275.33 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.8 % | 59.4 % | 44.8 % | 15.3 % | -66.1 % |
ROE | 1.0 % | 108.8 % | 58.7 % | 17.3 % | -94.9 % |
ROI | 1.7 % | 115.6 % | 72.5 % | 23.2 % | -114.6 % |
Economic value added (EVA) | -33.74 | 2 980.18 | 3 503.48 | 1 087.75 | -5 370.95 |
Solvency | |||||
Equity ratio | 26.2 % | 51.1 % | 63.9 % | 65.1 % | 36.2 % |
Gearing | 39.9 % | 3.6 % | 0.6 % | 20.9 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 2.1 | 2.7 | 2.8 | 1.5 |
Current ratio | 1.6 | 2.1 | 2.7 | 2.8 | 1.5 |
Cash and cash equivalents | 4 787.09 | 1 382.18 | 4 976.64 | 823.38 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | AA | BBB |
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