SSEARCH ApS — Credit Rating and Financial Key Figures

CVR number: 28902034
Hvidtjørnen 46, 2791 Dragør
sse@ssearch.dk
tel: 46907990

Credit rating

Company information

Official name
SSEARCH ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit487.38697.11505.69498.10211.30
EBIT38.7851.4826.370.43-59.52
Net earnings27.7938.8019.350.21-59.40
Shareholders equity total157.62164.42144.76144.9885.57
Balance sheet total (assets)344.95311.97241.20369.22146.96
Net debt- 217.53- 147.49- 106.47- 213.63-55.11
Profitability
EBIT-%
ROA11.8 %15.7 %9.5 %0.1 %-23.1 %
ROE16.3 %24.1 %12.5 %0.1 %-51.5 %
ROI22.7 %31.9 %17.0 %0.3 %-51.6 %
Economic value added (EVA)23.4443.0819.70-1.49-55.86
Solvency
Equity ratio45.7 %52.7 %60.0 %39.3 %58.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.51.72.01.41.6
Current ratio1.51.72.01.41.6
Cash and cash equivalents217.53147.49106.47213.6355.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-23.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.2%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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