Seden Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 39423677
Hvidkærvej 23 A, Højme 5250 Odense SV

Credit rating

Company information

Official name
Seden Ejendomme ApS
Established
2018
Domicile
Højme
Company form
Private limited company
Industry

About Seden Ejendomme ApS

Seden Ejendomme ApS (CVR number: 39423677) is a company from ODENSE. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a decline of -25.6 % compared to the previous year. The operating profit percentage was poor at -15.7 % (EBIT: -0.2 mDKK), while net earnings were -751.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -13.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Seden Ejendomme ApS'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 664.321 237.55
Gross profit-37.00-57.67338.001 422.60958.65
EBIT-37.00-57.673 360.007 000.64- 194.37
Net earnings- 114.00- 394.542 320.004 164.22- 751.14
Shareholders equity total-85.00- 596.211 724.005 887.865 136.72
Balance sheet total (assets)3 077.008 880.2422 773.0023 504.6222 222.10
Net debt3 134.008 353.5018 981.0014 935.6615 003.59
Profitability
EBIT-%420.6 %-15.7 %
ROA-0.9 %-0.9 %20.8 %30.3 %-0.8 %
ROE-7.3 %-6.6 %43.8 %109.4 %-13.6 %
ROI-0.9 %-1.0 %22.3 %31.7 %-0.8 %
Economic value added (EVA)88.75-52.152 655.794 833.33-1 191.36
Solvency
Equity ratio-2.7 %-6.3 %7.6 %25.2 %23.2 %
Gearing-3687.1 %-1412.6 %1101.0 %257.3 %292.7 %
Relative net indebtedness %957.5 %1279.1 %
Liquidity
Quick ratio0.00.00.01.31.2
Current ratio0.00.00.01.11.1
Cash and cash equivalents68.77214.6029.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %8.1 %4.5 %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:-0.80%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.2%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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