Searine A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Searine A/S
Searine A/S (CVR number: 41834161) is a company from ROSKILDE. The company recorded a gross profit of 1945.6 kDKK in 2023. The operating profit was -527.7 kDKK, while net earnings were -41.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.1 %, which can be considered poor and Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Searine A/S's liquidity measured by quick ratio was 36.2 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 financials| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | 274.31 | - 593.44 | 1 945.63 | 
| EBIT | - 506.21 | -2 495.72 | - 527.75 | 
| Net earnings | - 341.78 | -2 249.16 | -41.88 | 
| Shareholders equity total | 2 707.28 | 458.12 | 11 790.42 | 
| Balance sheet total (assets) | 3 177.38 | 789.98 | 12 158.43 | 
| Net debt | -2 386.55 | -35.21 | -8 131.01 | 
| Profitability | |||
| EBIT-% | |||
| ROA | -15.9 % | -125.8 % | -8.1 % | 
| ROE | -12.6 % | -142.1 % | -0.7 % | 
| ROI | -18.4 % | -155.6 % | -8.4 % | 
| Economic value added (EVA) | - 337.19 | -2 257.60 | - 395.95 | 
| Solvency | |||
| Equity ratio | 85.2 % | 58.0 % | 97.0 % | 
| Gearing | 1.6 % | 0.4 % | |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 5.9 | 1.6 | 36.2 | 
| Current ratio | 6.0 | 1.6 | 36.2 | 
| Cash and cash equivalents | 2 428.55 | 35.21 | 8 181.01 | 
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BBB | BB | BBB | 
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