SET-HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SET-HOLDING ApS
SET-HOLDING ApS (CVR number: 24242552) is a company from FREDERIKSHAVN. The company recorded a gross profit of -8.8 kDKK in 2024. The operating profit was -8.8 kDKK, while net earnings were -6.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SET-HOLDING ApS's liquidity measured by quick ratio was 110 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 | -7.75 | -8.75 | |||
| EBIT | -7.75 | -8.75 | |||
| Net earnings | -17.32 | -21.18 | -10.82 | -8.65 | -6.86 |
| Shareholders equity total | 1 337.67 | 1 203.48 | 1 078.27 | 951.81 | 822.95 |
| Balance sheet total (assets) | 1 515.98 | 1 240.89 | 1 119.05 | 1 001.50 | 830.50 |
| Net debt | -1 515.98 | -1 240.89 | -1 119.05 | -1 001.50 | - 830.50 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.6 % | -0.7 % | |||
| ROE | -1.2 % | -1.7 % | -0.9 % | -0.9 % | -0.8 % |
| ROI | -0.6 % | -0.7 % | |||
| Economic value added (EVA) | -73.65 | -67.22 | -60.48 | -61.93 | -56.58 |
| Solvency | |||||
| Equity ratio | 88.2 % | 97.0 % | 96.4 % | 95.0 % | 99.1 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 8.5 | 33.2 | 27.4 | 20.2 | 110.0 |
| Current ratio | 8.5 | 33.2 | 27.4 | 20.2 | 110.0 |
| Cash and cash equivalents | 1 515.98 | 1 240.89 | 1 119.05 | 1 001.50 | 830.50 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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