K/S SEREETZ — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S SEREETZ
K/S SEREETZ (CVR number: 26575621) is a company from ODENSE. The company recorded a gross profit of -0.9 kDKK in 2022. The operating profit was -0.9 kDKK, while net earnings were -2.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K/S SEREETZ's liquidity measured by quick ratio was 9.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 722.02 | 222.85 | 65.94 | ||
Gross profit | 1 151.01 | - 433.08 | 51.25 | -9.11 | -0.86 |
EBIT | 1 873.04 | 36.02 | 51.25 | -9.11 | -0.86 |
Net earnings | 875.56 | 3.01 | 37.26 | -22.16 | -2.93 |
Shareholders equity total | 460.28 | 463.29 | 500.55 | 1 058.30 | 1 055.38 |
Balance sheet total (assets) | 23 237.24 | 1 241.98 | 1 226.01 | 1 195.80 | 1 184.15 |
Net debt | 22 212.40 | 230.43 | 559.95 | -11.65 | 0.65 |
Profitability | |||||
EBIT-% | 108.8 % | 16.2 % | 77.7 % | ||
ROA | 7.1 % | 0.3 % | 4.2 % | -0.8 % | -0.1 % |
ROE | 6.0 % | 0.7 % | 7.7 % | -2.8 % | -0.3 % |
ROI | 7.2 % | 0.3 % | 5.8 % | -0.9 % | -0.1 % |
Economic value added (EVA) | 1 902.06 | 14.38 | 28.10 | -33.42 | -53.46 |
Solvency | |||||
Equity ratio | 2.0 % | 37.3 % | 40.8 % | 88.5 % | 89.1 % |
Gearing | 4832.3 % | 50.3 % | 115.2 % | 0.1 % | |
Relative net indebtedness % | 1321.0 % | 348.3 % | 1074.8 % | ||
Liquidity | |||||
Quick ratio | 0.1 | 1.6 | 1.7 | 8.7 | 9.2 |
Current ratio | 0.1 | 1.6 | 1.7 | 8.7 | 9.2 |
Cash and cash equivalents | 29.61 | 2.57 | 16.76 | 11.65 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -1247.4 % | 207.9 % | 759.1 % | ||
Credit risk | |||||
Credit rating | A | BB | BB | BB | BB |
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