SHUTE Sensing Solutions A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 956.6 kDKK in 2024. The operating profit was -1662.9 kDKK, while net earnings were -1358.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -125.8 %, which can be considered poor and Return on Equity (ROE) was -173.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43.8 %. 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 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 986.92 | 1 764.78 | 398.45 | 297.99 | 956.59 |
| EBIT | -3 568.67 | -2 879.13 | -2 756.02 | -1 676.88 | -1 662.92 |
| Net earnings | -3 084.73 | -2 006.05 | -2 231.20 | -1 372.50 | -1 358.53 |
| Shareholders equity total | 1 044.00 | 1 137.94 | -1 093.26 | - 360.79 | - 719.32 |
| Balance sheet total (assets) | 2 380.73 | 2 556.75 | 845.51 | 641.06 | 921.90 |
| Net debt | - 750.67 | - 300.28 | 70.56 | 372.44 | 923.86 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -142.9 % | -116.6 % | -122.6 % | -114.0 % | -125.8 % |
| ROE | -196.3 % | -183.9 % | -225.0 % | -184.7 % | -173.8 % |
| ROI | -198.2 % | -199.8 % | -353.6 % | -712.7 % | -251.2 % |
| Economic value added (EVA) | -3 186.83 | -2 052.60 | -2 230.03 | -1 280.58 | -1 304.67 |
| Solvency | |||||
| Equity ratio | 43.9 % | 44.5 % | -56.4 % | -36.0 % | -43.8 % |
| Gearing | -6.5 % | -110.9 % | -128.4 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.9 | 2.1 | 0.4 | 0.9 | 0.7 |
| Current ratio | 1.9 | 2.1 | 0.4 | 0.9 | 0.7 |
| Cash and cash equivalents | 750.67 | 300.28 | 27.56 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | C | B | B |
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