SUBSEAFLEX HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SUBSEAFLEX HOLDING ApS
SUBSEAFLEX HOLDING ApS (CVR number: 11931979) is a company from BRØNDBY. The company recorded a gross profit of 11 mDKK in 2023. The operating profit was 4573.4 kDKK, while net earnings were 87.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was 19.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SUBSEAFLEX HOLDING ApS's liquidity measured by quick ratio was 0.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 207.00 | - 182.00 | 5 666.00 | 18 132.49 | 10 980.98 |
EBIT | - 207.00 | - 182.00 | - 488.00 | 12 891.55 | 4 573.36 |
Net earnings | 258 706.00 | 39 307.00 | 13 211.00 | 1 455 050.55 | 87 067.97 |
Shareholders equity total | 356 757.00 | 396 064.00 | 865 428.00 | 400 054.81 | 473 122.77 |
Balance sheet total (assets) | 405 848.00 | 412 297.00 | 872 132.00 | 1 220 952.48 | 1 167 820.08 |
Net debt | 803 603.14 | 685 890.76 | |||
Profitability | |||||
EBIT-% | |||||
ROA | -0.1 % | -0.0 % | -0.1 % | 143.3 % | 10.8 % |
ROE | 84.7 % | 10.4 % | 2.1 % | 230.0 % | 19.9 % |
ROI | -0.1 % | -0.0 % | -0.1 % | 144.3 % | 11.0 % |
Economic value added (EVA) | 7 150.23 | -18 109.04 | -20 390.22 | -34 334.76 | 24 498.43 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 32.8 % | 40.5 % |
Gearing | 200.9 % | 145.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 0.6 | |||
Current ratio | 1.2 | 0.7 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | AAA |
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