SUB SEA CON A/S — Credit Rating and Financial Key Figures

CVR number: 34489777
Møllebakken 14, Agtrup 6091 Bjert
info@subseacon.com
tel: 71991095
www.subseacon.com

Credit rating

Company information

Official name
SUB SEA CON A/S
Personnel
2 persons
Established
2012
Domicile
Agtrup
Company form
Limited company
Industry
  • Expand more icon52Warehousing and support activities for transportation

About SUB SEA CON A/S

SUB SEA CON A/S (CVR number: 34489777) is a company from KOLDING. The company recorded a gross profit of 4472.6 kDKK in 2023. The operating profit was 2713.6 kDKK, while net earnings were 2224.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.8 %, which can be considered excellent and Return on Equity (ROE) was 38.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SUB SEA CON A/S's liquidity measured by quick ratio was 2.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit5 184.385 792.981 255.398 801.494 472.61
EBIT3 565.424 726.44154.087 403.772 713.62
Net earnings2 741.383 656.4075.035 799.952 224.47
Shareholders equity total3 241.381 156.40975.036 774.994 724.47
Balance sheet total (assets)6 712.473 373.922 022.739 596.477 040.19
Net debt733.60- 535.0871.35-1 663.97-1 861.37
Profitability
EBIT-%
ROA82.0 %94.3 %6.4 %128.0 %35.8 %
ROE124.0 %166.3 %7.0 %149.7 %38.7 %
ROI132.5 %163.3 %10.6 %171.6 %48.9 %
Economic value added (EVA)2 724.183 486.1364.115 750.721 864.42
Solvency
Equity ratio48.3 %34.3 %48.2 %70.6 %67.1 %
Gearing23.3 %53.6 %50.3 %5.9 %6.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.01.43.42.7
Current ratio1.91.01.43.42.7
Cash and cash equivalents23.211 154.39418.982 064.552 144.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAAA

Variable visualization

ROA:35.8%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.1%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

Companies in the same industry

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