Setratek ApS — Credit Rating and Financial Key Figures

Setratek ApS (CVR number: 43795643) is a company from ODENSE. The company recorded a gross profit of 855.1 kDKK in 2023. The operating profit was 63.8 kDKK, while net earnings were 49 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 55 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Setratek ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.