SECO TOOLS A/S — Credit Rating and Financial Key Figures

CVR number: 55273812
Kirkebjerg Allé 88, 2605 Brøndby
tel: 43447600
WWW.SECOTOOLS.DK

Credit rating

Company information

Official name
SECO TOOLS A/S
Personnel
13 persons
Established
1975
Company form
Limited company
Industry

About SECO TOOLS A/S

SECO TOOLS A/S (CVR number: 55273812) is a company from BRØNDBY. The company recorded a gross profit of 14 mDKK in 2023. The operating profit was 2382.3 kDKK, while net earnings were 1915.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.9 %, which can be considered excellent and Return on Equity (ROE) was 26.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68 %, 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. SECO TOOLS A/S's liquidity measured by quick ratio was 2.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit13 148.2912 059.0410 914.4914 917.9413 958.48
EBIT3 893.293 164.681 549.622 750.182 382.32
Net earnings3 517.772 424.061 239.632 014.041 915.56
Shareholders equity total6 533.775 457.834 297.466 311.518 227.07
Balance sheet total (assets)17 584.3716 191.1714 559.4111 935.6712 104.32
Net debt3 922.136 899.647 057.052 327.74
Profitability
EBIT-%
ROA22.4 %18.7 %10.1 %20.8 %20.9 %
ROE73.7 %40.4 %25.4 %38.0 %26.4 %
ROI35.5 %26.5 %12.7 %27.5 %29.8 %
Economic value added (EVA)3 033.801 905.08629.671 447.751 417.68
Solvency
Equity ratio37.2 %33.7 %29.5 %52.9 %68.0 %
Gearing60.0 %126.4 %164.2 %36.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.51.32.02.9
Current ratio1.61.61.42.13.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:20.9%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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