SEVERIN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 2024, demonstrating a decline of -0 % compared to the previous year. The operating profit percentage was at 16.1 % (EBIT: 9.6 mDKK), while net earnings were 6913 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77.1 %, 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 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 20.43 | 30.57 | 54.66 | 59.69 | 59.67 |
Gross profit | 14.27 | 21.35 | 36.61 | 38.72 | 39.08 |
EBIT | -1.34 | 1.16 | 10.11 | 10.88 | 9.59 |
Net earnings | -1.55 | 0.37 | 7.23 | 8.59 | 6.91 |
Shareholders equity total | 106.51 | 107.35 | 115.03 | 108.62 | 96.53 |
Balance sheet total (assets) | 135.86 | 135.66 | 146.62 | 141.85 | 125.72 |
Net debt | 17.82 | 10.05 | 6.90 | 15.36 | 17.61 |
Profitability | |||||
EBIT-% | -6.5 % | 3.8 % | 18.5 % | 18.2 % | 16.1 % |
ROA | -0.9 % | 0.9 % | 7.3 % | 8.0 % | 7.4 % |
ROE | -1.4 % | 0.3 % | 6.5 % | 7.7 % | 6.7 % |
ROI | -0.9 % | 0.9 % | 7.6 % | 8.5 % | 7.8 % |
Economic value added (EVA) | -7.63 | -5.48 | 1.22 | 1.76 | 0.83 |
Solvency | |||||
Equity ratio | 78.6 % | 79.4 % | 78.7 % | 76.9 % | 77.1 % |
Gearing | 18.3 % | 18.2 % | 16.9 % | 17.4 % | 18.3 % |
Relative net indebtedness % | 117.5 % | 48.3 % | 25.2 % | 40.6 % | 38.9 % |
Liquidity | |||||
Quick ratio | 6.2 | 3.9 | 3.7 | 2.5 | 1.3 |
Current ratio | 5.8 | 3.7 | 3.6 | 2.5 | 1.3 |
Cash and cash equivalents | 1.67 | 9.48 | 12.55 | 3.52 | 0.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.8 | 21.0 | 14.9 | 9.3 | 10.7 |
Net working capital % | 119.2 % | 43.0 % | 35.7 % | 24.4 % | 3.6 % |
Credit risk | |||||
Credit rating | AA | AAA | AAA | AAA | AAA |
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