SET ENGINEERING ApS — Credit Rating and Financial Key Figures

CVR number: 28506015
Munkevej 10-12, 9970 Strandby
tel: 98481900

Company information

Official name
SET ENGINEERING ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry

About SET ENGINEERING ApS

SET ENGINEERING ApS (CVR number: 28506015) is a company from FREDERIKSHAVN. The company recorded a gross profit of 78.1 kDKK in 2023. The operating profit was 11.2 kDKK, while net earnings were 14.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 61.5 %, which can be considered excellent and Return on Equity (ROE) was 74.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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. SET ENGINEERING ApS's liquidity measured by quick ratio was 11.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit376.10156.6098.89156.6978.12
EBIT104.08111.78139.55130.1011.21
Net earnings701.321 123.061 197.362 502.8614 172.22
Shareholders equity total8 184.269 107.3210 004.6812 107.5425 971.95
Balance sheet total (assets)10 977.7511 984.0012 724.5714 615.1333 121.97
Net debt2 087.591 945.311 416.68- 514.63-20 649.57
Profitability
EBIT-%
ROA8.5 %12.4 %12.3 %21.1 %61.5 %
ROE8.9 %13.0 %12.5 %22.6 %74.4 %
ROI8.6 %12.5 %12.6 %21.5 %66.8 %
Economic value added (EVA)- 256.87- 246.58- 190.52- 206.55- 139.73
Solvency
Equity ratio74.6 %76.0 %78.6 %82.8 %78.4 %
Gearing32.0 %29.7 %24.3 %18.7 %14.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.93.08.88.411.5
Current ratio5.93.08.88.411.4
Cash and cash equivalents535.41759.131 010.902 775.7324 305.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:61.5%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.4%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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