SHUTE Sensing Solutions A/S — Credit Rating and Financial Key Figures

CVR number: 36537221
Oldenvej 1 A, Munkegårde 3490 Kvistgård
info@shute.dk
tel: 26217960
www.shute.dk

Credit rating

Company information

Official name
SHUTE Sensing Solutions A/S
Personnel
5 persons
Established
2015
Domicile
Munkegårde
Company form
Limited company
Industry
  • Expand more icon26Manufacture of computer, electronic and optical products

About SHUTE Sensing Solutions A/S

SHUTE Sensing Solutions A/S (CVR number: 36537221) is a company from HELSINGØR. The company recorded a gross profit of 298 kDKK in 2023. The operating profit was -1676.9 kDKK, while net earnings were -1372.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -114 %, which can be considered poor and Return on Equity (ROE) was -184.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -36 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SHUTE Sensing Solutions A/S's liquidity measured by quick ratio was 2.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 975.13986.921 764.78398.45297.99
EBIT-1 637.27-3 568.67-2 879.13-2 756.02-1 676.88
Net earnings-1 136.64-3 084.73-2 006.05-2 231.20-1 372.50
Shareholders equity total2 099.001 044.001 137.94-1 093.26- 360.79
Balance sheet total (assets)2 614.992 380.732 556.75845.51641.06
Net debt- 963.27- 750.67- 300.2870.56-27.56
Profitability
EBIT-%
ROA-73.1 %-142.9 %-116.6 %-122.6 %-114.0 %
ROE-59.3 %-196.3 %-183.9 %-225.0 %-184.7 %
ROI-83.1 %-198.2 %-199.8 %-353.6 %-4753.1 %
Economic value added (EVA)-1 162.30-3 138.42-2 014.88-2 214.94-1 277.03
Solvency
Equity ratio80.3 %43.9 %44.5 %-56.4 %-36.0 %
Gearing-6.5 %
Relative net indebtedness %
Liquidity
Quick ratio5.11.92.10.42.6
Current ratio5.11.92.10.42.6
Cash and cash equivalents963.27750.67300.2827.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBCC

Variable visualization

ROA:-114.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-36.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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