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Seasight Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Seasight Group A/S
Seasight Group A/S (CVR number: 29823758K) is a company from RINGKØBING-SKJERN. The company reported a net sales of 757.8 mDKK in 2025, demonstrating a growth of 21.2 % compared to the previous year. The operating profit percentage was at 12.8 % (EBIT: 96.8 mDKK), while net earnings were 73 mDKK. The profitability of the company measured by Return on Assets (ROA) was 26.3 %, which can be considered excellent and Return on Equity (ROE) was 57.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.2 %, 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. Seasight Group A/S's liquidity measured by quick ratio was 1.9 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 161.56 | 585.93 | 567.42 | 625.04 | 757.80 |
| Gross profit | 33.32 | 172.67 | 192.23 | 207.64 | 284.74 |
| EBIT | 10.76 | 16.18 | 32.11 | 39.92 | 96.79 |
| Net earnings | 8.25 | 8.20 | 22.79 | 30.57 | 72.98 |
| Shareholders equity total | 22.46 | 117.97 | 128.69 | 126.05 | 158.40 |
| Balance sheet total (assets) | 49.13 | 329.10 | 315.38 | 334.07 | 408.81 |
| Net debt | -5.35 | 59.49 | |||
| Profitability | |||||
| EBIT-% | 6.7 % | 2.8 % | 5.7 % | 6.4 % | 12.8 % |
| ROA | 21.9 % | 8.6 % | 10.0 % | 12.8 % | 26.3 % |
| ROE | 36.7 % | 11.7 % | 18.5 % | 26.1 % | 57.7 % |
| ROI | 21.9 % | 8.6 % | 10.0 % | 16.1 % | 40.5 % |
| Economic value added (EVA) | 10.76 | 15.05 | 26.18 | 24.48 | 64.78 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 38.0 % | 39.2 % |
| Gearing | 28.7 % | 45.6 % | |||
| Relative net indebtedness % | 21.0 % | 25.3 % | |||
| Liquidity | |||||
| Quick ratio | 1.7 | 1.9 | |||
| Current ratio | 1.8 | 1.9 | |||
| Cash and cash equivalents | 41.51 | 12.69 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 39.8 | 83.2 | |||
| Net working capital % | 19.0 % | 22.4 % | |||
| Credit risk | |||||
| Credit rating | BBB | A | A | A | AA |
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