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SEA HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SEA HOLDING A/S
SEA HOLDING A/S (CVR number: 16070181) is a company from ROSKILDE. The company recorded a gross profit of -48.2 kDKK in 2024. The operating profit was -48.2 kDKK, while net earnings were 41.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 52.6 %, 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. SEA HOLDING A/S's liquidity measured by quick ratio was 115 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 | -53.60 | -49.00 | -48.00 | -56.00 | -48.21 |
| EBIT | -53.60 | -49.00 | -48.00 | -56.00 | -48.21 |
| Net earnings | 1 410.45 | - 724.00 | 321.00 | 542.00 | 41.80 |
| Shareholders equity total | 4 585.33 | 3 361.00 | 3 568.00 | 3 492.00 | 3 264.07 |
| Balance sheet total (assets) | 7 353.81 | 6 141.00 | 6 303.00 | 6 300.00 | 6 210.98 |
| Net debt | -4 653.81 | -3 437.00 | -3 603.00 | -3 529.00 | -3 228.07 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 22.6 % | -0.7 % | 5.8 % | 10.6 % | 6.5 % |
| ROE | 35.8 % | -18.2 % | 9.3 % | 15.4 % | 1.2 % |
| ROI | 22.8 % | -0.7 % | 5.8 % | 10.7 % | 6.6 % |
| Economic value added (EVA) | - 352.98 | - 415.09 | - 352.77 | - 366.94 | - 352.25 |
| Solvency | |||||
| Equity ratio | 62.4 % | 54.7 % | 56.6 % | 55.4 % | 52.6 % |
| Gearing | 58.9 % | 80.5 % | 75.7 % | 79.4 % | 88.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 107.4 | 76.8 | 180.1 | 170.3 | 115.0 |
| Current ratio | 107.4 | 76.8 | 180.1 | 170.3 | 115.0 |
| Cash and cash equivalents | 7 353.81 | 6 141.00 | 6 303.00 | 6 300.00 | 6 120.98 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BBB | BBB | BBB |
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