SE PACKING SYSTEM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SE PACKING SYSTEM A/S
SE PACKING SYSTEM A/S (CVR number: 70645718) is a company from FREDERIKSHAVN. The company recorded a gross profit of 10.7 mDKK in 2024. The operating profit was -3377.9 kDKK, while net earnings were -2046.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -8.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.1 %, 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. SE PACKING SYSTEM A/S's liquidity measured by quick ratio was 1.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 14 003.63 | 12 333.68 | 13 974.06 | 15 754.31 | 10 704.40 |
| EBIT | 2 037.70 | 817.78 | 1 869.99 | 2 537.82 | -3 377.86 |
| Net earnings | 2 083.37 | 1 178.22 | 1 876.38 | 2 618.02 | -2 046.10 |
| Shareholders equity total | 18 725.62 | 19 903.84 | 21 780.22 | 24 398.23 | 22 352.13 |
| Balance sheet total (assets) | 32 348.02 | 35 027.38 | 40 473.17 | 54 294.88 | 57 169.66 |
| Net debt | 5 324.84 | 10 910.51 | 15 171.75 | 25 558.63 | 31 727.27 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 10.2 % | 6.3 % | 8.6 % | 9.6 % | -1.3 % |
| ROE | 11.8 % | 6.1 % | 9.0 % | 11.3 % | -8.8 % |
| ROI | 12.3 % | 7.3 % | 9.1 % | 10.0 % | -1.4 % |
| Economic value added (EVA) | 349.52 | - 580.80 | -93.17 | 84.19 | -5 151.38 |
| Solvency | |||||
| Equity ratio | 57.9 % | 56.8 % | 53.8 % | 44.9 % | 39.1 % |
| Gearing | 28.6 % | 54.8 % | 69.7 % | 105.5 % | 142.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.6 | 1.5 | 1.5 | 2.1 | 1.7 |
| Current ratio | 1.6 | 1.5 | 1.5 | 2.1 | 1.7 |
| Cash and cash equivalents | 38.10 | 2.66 | 15.50 | 192.54 | 77.91 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | BBB |
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