SÆDDING KØKKEN- OG TØMRERFORRETNING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SÆDDING KØKKEN- OG TØMRERFORRETNING A/S
SÆDDING KØKKEN- OG TØMRERFORRETNING A/S (CVR number: 27248284) is a company from ESBJERG. The company recorded a gross profit of 1915.3 kDKK in 2023. The operating profit was -501.3 kDKK, while net earnings were -390.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.9 %, which can be considered poor and Return on Equity (ROE) was -49.5 %, 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. SÆDDING KØKKEN- OG TØMRERFORRETNING 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 679.01 | 2 736.48 | 2 997.02 | 2 440.32 | 1 915.34 |
EBIT | 318.48 | 646.85 | 515.24 | -71.36 | - 501.25 |
Net earnings | 243.33 | 501.40 | 398.42 | -64.45 | - 390.61 |
Shareholders equity total | 1 288.67 | 1 550.07 | 1 448.49 | 984.04 | 593.43 |
Balance sheet total (assets) | 2 431.24 | 2 907.95 | 3 060.41 | 2 671.00 | 1 518.07 |
Net debt | 54.40 | - 441.61 | - 474.44 | 650.12 | - 134.52 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.5 % | 24.2 % | 17.3 % | -2.5 % | -23.9 % |
ROE | 18.8 % | 35.3 % | 26.6 % | -5.3 % | -49.5 % |
ROI | 22.3 % | 42.6 % | 32.9 % | -4.4 % | -43.4 % |
Economic value added (EVA) | 172.11 | 433.16 | 318.26 | - 133.31 | - 468.59 |
Solvency | |||||
Equity ratio | 53.0 % | 53.3 % | 47.3 % | 36.8 % | 39.1 % |
Gearing | 5.7 % | 3.0 % | 66.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.9 | 1.4 | 1.3 | 1.3 |
Current ratio | 1.8 | 2.1 | 1.6 | 1.4 | 1.5 |
Cash and cash equivalents | 19.44 | 488.57 | 474.44 | 5.00 | 134.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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