SETH EJENDOMME A/S — Credit Rating and Financial Key Figures

CVR number: 41322268
Friis Hansens Vej 5, 7100 Vejle

Credit rating

Company information

Official name
SETH EJENDOMME A/S
Established
2020
Company form
Limited company
Industry

About SETH EJENDOMME A/S

SETH EJENDOMME A/S (CVR number: 41322268) is a company from VEJLE. The company recorded a gross profit of 394.9 kDKK in 2023. The operating profit was -473.8 kDKK, while net earnings were -68.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was -3.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.9 %, 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. SETH EJENDOMME A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit206.49276.35484.48394.90
EBIT206.49923.35440.48- 473.79
Net earnings-67.53432.9362.38-68.17
Shareholders equity total332.47765.40827.782 759.61
Balance sheet total (assets)11 154.0613 693.5314 096.7913 299.57
Net debt10 165.0412 405.2712 714.829 982.22
Profitability
EBIT-%
ROA1.9 %7.4 %3.2 %3.0 %
ROE-20.3 %78.9 %7.8 %-3.8 %
ROI1.9 %7.6 %3.3 %3.1 %
Economic value added (EVA)184.47412.399.31- 968.56
Solvency
Equity ratio3.0 %5.6 %20.1 %20.9 %
Gearing3168.7 %1634.5 %1537.6 %362.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.0
Current ratio0.10.00.00.0
Cash and cash equivalents370.08105.5612.9613.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBB

Variable visualization

ROA:3.03%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.9%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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