SEATECH ApS — Credit Rating and Financial Key Figures

CVR number: 13596530
Norvangen 3 D, 4220 Korsør
pf@seatech.dk
tel: 58376811
www.seatech.dk

Credit rating

Company information

Official name
SEATECH ApS
Personnel
2 persons
Established
1989
Company form
Private limited company
Industry

About SEATECH ApS

SEATECH ApS (CVR number: 13596530) is a company from SLAGELSE. The company recorded a gross profit of 1677.7 kDKK in 2024. The operating profit was 306.9 kDKK, while net earnings were 199.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.9 %, 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. SEATECH ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 878.621 873.651 444.821 734.151 677.75
EBIT152.2470.55130.81646.43306.91
Net earnings84.1937.57146.36478.72199.94
Shareholders equity total2 230.97568.54695.251 173.971 253.91
Balance sheet total (assets)4 126.123 681.423 828.844 964.164 661.00
Net debt- 373.111 718.161 971.881 394.09629.99
Profitability
EBIT-%
ROA3.8 %1.8 %3.5 %14.7 %6.5 %
ROE3.1 %2.7 %23.2 %51.2 %16.5 %
ROI4.8 %2.2 %4.0 %17.9 %7.9 %
Economic value added (EVA)-66.10- 119.34-5.93311.112.12
Solvency
Equity ratio54.1 %15.4 %18.2 %23.6 %26.9 %
Gearing44.8 %459.1 %379.4 %233.2 %218.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.30.60.60.80.8
Current ratio2.21.21.21.31.3
Cash and cash equivalents1 373.11891.94665.741 343.532 107.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.47%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.9%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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