Seden Ejendomme ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Seden Ejendomme ApS
Seden Ejendomme ApS (CVR number: 39423677) is a company from ODENSE. The company reported a net sales of 1.3 mDKK in 2024, demonstrating a growth of 3.9 % compared to the previous year. The operating profit percentage was at 84.5 % (EBIT: 1.1 mDKK), while net earnings were 297.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 24.5 %, 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 1.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 664.32 | 1 237.55 | 1 285.54 | ||
| Gross profit | -57.67 | 338.00 | 1 422.60 | 958.65 | 1 025.70 |
| EBIT | -57.67 | 3 360.00 | 7 000.64 | - 194.37 | 1 086.41 |
| Net earnings | - 394.54 | 2 320.00 | 4 164.22 | - 751.14 | 297.44 |
| Shareholders equity total | - 596.21 | 1 724.00 | 5 887.86 | 5 136.72 | 5 434.16 |
| Balance sheet total (assets) | 8 880.24 | 22 773.00 | 23 504.62 | 22 222.10 | 22 309.78 |
| Net debt | 8 353.50 | 18 981.00 | 14 935.66 | 15 003.59 | 14 396.99 |
| Profitability | |||||
| EBIT-% | 420.6 % | -15.7 % | 84.5 % | ||
| ROA | -0.9 % | 20.8 % | 30.3 % | -0.8 % | 4.9 % |
| ROE | -6.6 % | 43.8 % | 109.4 % | -13.6 % | 5.6 % |
| ROI | -1.0 % | 22.3 % | 31.7 % | -0.8 % | 5.1 % |
| Economic value added (EVA) | - 210.89 | 2 227.86 | 4 387.21 | -1 282.42 | - 227.78 |
| Solvency | |||||
| Equity ratio | -6.3 % | 7.6 % | 25.2 % | 23.2 % | 24.5 % |
| Gearing | -1412.6 % | 1101.0 % | 257.3 % | 292.7 % | 274.4 % |
| Relative net indebtedness % | 957.5 % | 1279.1 % | 1175.3 % | ||
| Liquidity | |||||
| Quick ratio | 0.0 | 0.0 | 1.3 | 1.2 | 1.3 |
| Current ratio | 0.0 | 0.0 | 1.1 | 1.1 | 1.2 |
| Cash and cash equivalents | 68.77 | 214.60 | 29.68 | 513.72 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 8.1 % | 4.5 % | 11.2 % | ||
| Credit risk | |||||
| Credit rating | BBB | A | A | BBB | A |
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