SEA WELL A/S — Credit Rating and Financial Key Figures

CVR number: 66821412
Kai Lindbergs Gade 79, 7730 Hanstholm
seawell@seawell.com
tel: 97962100
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Company information

Official name
SEA WELL A/S
Personnel
12 persons
Established
1981
Company form
Limited company
Industry

About SEA WELL A/S

SEA WELL A/S (CVR number: 66821412) is a company from THISTED. The company recorded a gross profit of 20.2 mDKK in 2023. The operating profit was 7826.7 kDKK, while net earnings were 11.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.2 %, 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. SEA WELL A/S's liquidity measured by quick ratio was 2.1 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 profit11 557.4915 376.9726 402.5823 952.3620 159.38
EBIT3 700.286 605.6013 430.8211 227.837 826.72
Net earnings16 582.6711 774.58
Shareholders equity total59 710.2969 504.0787 476.15104 058.82115 833.40
Balance sheet total (assets)77 697.3691 430.23103 900.80150 700.97148 156.35
Net debt1 512.52-3 604.24-12 309.1030 261.44-1 848.90
Profitability
EBIT-%
ROA7.5 %13.5 %21.7 %15.4 %9.6 %
ROE17.3 %10.7 %
ROI8.0 %14.4 %23.7 %16.5 %10.1 %
Economic value added (EVA)3 485.195 832.8910 939.2210 018.196 773.63
Solvency
Equity ratio76.8 %76.0 %84.2 %69.0 %78.2 %
Gearing23.5 %20.9 %8.0 %36.8 %21.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.73.11.82.1
Current ratio2.32.33.42.02.7
Cash and cash equivalents12 546.0018 096.0419 271.817 996.8427 237.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.58%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.2%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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