SSEARCH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SSEARCH ApS
SSEARCH ApS (CVR number: 28902034) is a company from DRAGØR. The company recorded a gross profit of 211.3 kDKK in 2024. The operating profit was -59.5 kDKK, while net earnings were -59.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.1 %, which can be considered poor and Return on Equity (ROE) was -51.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SSEARCH ApS's liquidity measured by quick ratio was 1.6 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 | 487.38 | 697.11 | 505.69 | 498.10 | 211.30 |
EBIT | 38.78 | 51.48 | 26.37 | 0.43 | -59.52 |
Net earnings | 27.79 | 38.80 | 19.35 | 0.21 | -59.40 |
Shareholders equity total | 157.62 | 164.42 | 144.76 | 144.98 | 85.57 |
Balance sheet total (assets) | 344.95 | 311.97 | 241.20 | 369.22 | 146.96 |
Net debt | - 217.53 | - 147.49 | - 106.47 | - 213.63 | -55.11 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.8 % | 15.7 % | 9.5 % | 0.1 % | -23.1 % |
ROE | 16.3 % | 24.1 % | 12.5 % | 0.1 % | -51.5 % |
ROI | 22.7 % | 31.9 % | 17.0 % | 0.3 % | -51.6 % |
Economic value added (EVA) | 23.44 | 43.08 | 19.70 | -1.49 | -55.86 |
Solvency | |||||
Equity ratio | 45.7 % | 52.7 % | 60.0 % | 39.3 % | 58.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.7 | 2.0 | 1.4 | 1.6 |
Current ratio | 1.5 | 1.7 | 2.0 | 1.4 | 1.6 |
Cash and cash equivalents | 217.53 | 147.49 | 106.47 | 213.63 | 55.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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