K/S SEREETZ — Credit Rating and Financial Key Figures

CVR number: 26575621
Hvidkærvej 23 A, Højme 5250 Odense SV

Company information

Official name
K/S SEREETZ
Established
2002
Domicile
Højme
Company form
Limited partnership
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales1 722.02222.8565.94
Gross profit1 151.01- 433.0851.25-9.11-0.86
EBIT1 873.0436.0251.25-9.11-0.86
Net earnings875.563.0137.26-22.16-2.93
Shareholders equity total460.28463.29500.551 058.301 055.38
Balance sheet total (assets)23 237.241 241.981 226.011 195.801 184.15
Net debt22 212.40230.43559.95-11.650.65
Profitability
EBIT-%108.8 %16.2 %77.7 %
ROA7.1 %0.3 %4.2 %-0.8 %-0.1 %
ROE6.0 %0.7 %7.7 %-2.8 %-0.3 %
ROI7.2 %0.3 %5.8 %-0.9 %-0.1 %
Economic value added (EVA)1 902.0614.3828.10-33.42-53.46
Solvency
Equity ratio2.0 %37.3 %40.8 %88.5 %89.1 %
Gearing4832.3 %50.3 %115.2 %0.1 %
Relative net indebtedness %1321.0 %348.3 %1074.8 %
Liquidity
Quick ratio0.11.61.78.79.2
Current ratio0.11.61.78.79.2
Cash and cash equivalents29.612.5716.7611.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-1247.4 %207.9 %759.1 %
Credit risk
Credit ratingABBBBBBBB

Variable visualization

ROA:-0.07%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.1%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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