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 -308 kDKK in 2024. The operating profit was -1545.8 kDKK, while net earnings were -1440.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.3 %, which can be considered poor and Return on Equity (ROE) was -49.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.5 %, 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 2.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 792.981 255.398 801.494 400.03- 308.03
EBIT4 726.44154.087 403.772 713.62-1 545.82
Net earnings3 656.4075.035 799.952 224.47-1 440.57
Shareholders equity total1 156.40975.036 774.994 724.471 059.43
Balance sheet total (assets)3 373.922 022.739 596.477 040.191 333.45
Net debt- 535.0871.35-1 663.97-1 874.89234.87
Profitability
EBIT-%
ROA94.3 %6.4 %128.0 %35.8 %-35.3 %
ROE166.3 %7.0 %149.7 %38.7 %-49.8 %
ROI163.3 %10.6 %171.6 %48.9 %-46.8 %
Economic value added (EVA)3 486.1364.115 750.721 864.42-1 613.00
Solvency
Equity ratio34.3 %48.2 %70.6 %67.1 %79.5 %
Gearing53.6 %50.3 %5.9 %5.7 %23.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.43.42.72.8
Current ratio1.01.43.42.72.8
Cash and cash equivalents1 154.39418.982 064.552 144.598.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABB

Variable visualization

ROA:-35.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.5%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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