SEDEN ApS

CVR number: 33151403
Svendsagervej 2 B, Seden 5240 Odense NØ
tel: 20233863

Credit rating

Company information

Official name
SEDEN ApS
Personnel
44 persons
Established
2010
Domicile
Seden
Company form
Private limited company
Industry
  • Expand more icon10Manufacture of food products

About the company

SEDEN ApS (CVR number: 33151403) is a company from ODENSE. The company recorded a gross profit of 7476.7 kDKK in 2023. The operating profit was -704.6 kDKK, while net earnings were -290.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.6 %, which can be considered poor and Return on Equity (ROE) was -58.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 11.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SEDEN ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit5 621.009 451.0010 363.008 364.057 476.74
EBIT422.00433.00325.00-1 076.51- 704.65
Net earnings311.00313.00250.00- 623.53- 290.48
Shareholders equity total929.001 131.001 269.00645.12354.64
Balance sheet total (assets)2 456.003 912.003 323.003 278.683 058.32
Net debt- 239.00-1 446.00- 383.00867.28793.93
Profitability
EBIT-%
ROA34.3 %13.6 %9.2 %-25.6 %-13.6 %
ROE66.9 %30.4 %20.8 %-65.2 %-58.1 %
ROI83.2 %39.9 %26.6 %-55.9 %-29.2 %
Economic value added (EVA)325.64296.89268.23- 884.16- 551.35
Solvency
Equity ratio37.8 %28.9 %38.2 %19.7 %11.6 %
Gearing5.6 %0.3 %0.3 %158.8 %260.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.90.80.30.3
Current ratio1.01.00.90.40.4
Cash and cash equivalents291.001 449.00387.00157.25131.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-13.6%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.6%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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