E. SÆTHER HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About E. SÆTHER HOLDING A/S
E. SÆTHER HOLDING A/S (CVR number: 20415487) is a company from HELSINGØR. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -42.9 % compared to the previous year. The operating profit percentage was poor at -4290.3 % (EBIT: -3.1 mDKK), while net earnings were 93.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 40.4 %, which can be considered excellent and Return on Equity (ROE) was 45.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.5 %, 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. E. SÆTHER HOLDING A/S's liquidity measured by quick ratio was 1.2 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 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 126.00 | 72.00 | |
Gross profit | - 841.00 | -2 769.00 | |
EBIT | -1 121.00 | -3 089.00 | |
Net earnings | 6 803.00 | 93 398.00 | |
Shareholders equity total | 222 509.00 | 189 668.00 | |
Balance sheet total (assets) | 231 415.00 | 261 729.00 | |
Net debt | 5 527.00 | -8 874.00 | |
Profitability | |||
EBIT-% | -889.7 % | -4290.3 % | |
ROA | 6.3 % | 40.4 % | |
ROE | 3.1 % | 45.3 % | |
ROI | 6.3 % | 43.3 % | |
Economic value added (EVA) | -2 735.81 | - 959.83 | -5 558.48 |
Solvency | |||
Equity ratio | 96.2 % | 72.5 % | |
Gearing | 3.0 % | 20.9 % | |
Relative net indebtedness % | 4977.0 % | 32623.6 % | |
Liquidity | |||
Quick ratio | 6.2 | 1.2 | |
Current ratio | 6.2 | 1.2 | |
Cash and cash equivalents | 1 134.00 | 48 572.00 | |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 30638.9 % | 24022.2 % | |
Credit risk | |||
Credit rating | AA | A |
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