SEVERIN A/S — Credit Rating and Financial Key Figures

CVR number: 31936330
Skovsvinget 25, 5500 Middelfart
tel: 63419100

Credit rating

Company information

Official name
SEVERIN A/S
Personnel
83 persons
Established
2008
Company form
Limited company
Industry
  • Expand more icon55Accommodation

About SEVERIN A/S

SEVERIN A/S (CVR number: 31936330) is a company from MIDDELFART. The company reported a net sales of 59.7 mDKK in 2023, demonstrating a growth of 9.2 % compared to the previous year. The operating profit percentage was at 18.2 % (EBIT: 10.9 mDKK), while net earnings were 8588 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good but Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 76.9 %, 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. SEVERIN A/S's liquidity measured by quick ratio was 2.5 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales32.7920.4330.5754.6659.69
Gross profit20.0814.2721.3536.6138.72
EBIT0.59-1.341.1610.1110.88
Net earnings-0.25-1.550.377.238.59
Shareholders equity total107.57106.51107.35115.03108.62
Balance sheet total (assets)137.56135.86135.66146.62141.85
Net debt6.5517.8210.056.9015.36
Profitability
EBIT-%1.8 %-6.5 %3.8 %18.5 %18.2 %
ROA0.5 %-0.9 %0.9 %7.3 %8.0 %
ROE-0.3 %-1.4 %0.3 %6.5 %7.7 %
ROI0.6 %-0.9 %0.9 %7.6 %8.5 %
Economic value added (EVA)-2.34-6.85-5.261.882.69
Solvency
Equity ratio78.3 %78.6 %79.4 %78.7 %76.9 %
Gearing18.2 %18.3 %18.2 %16.9 %17.4 %
Relative net indebtedness %39.7 %117.5 %48.3 %25.2 %40.6 %
Liquidity
Quick ratio10.06.23.93.72.5
Current ratio9.75.83.73.62.5
Cash and cash equivalents13.001.679.4812.553.52
Capital use efficiency
Trade debtors turnover (days)16.32.821.014.99.3
Net working capital %165.2 %119.2 %43.0 %35.7 %24.4 %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:8.01%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.9%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

Companies in the same industry

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