E. SÆTHER A/S — Credit Rating and Financial Key Figures

CVR number: 28856687
Ryttermarken 11, 3520 Farum
info@saether.dk
tel: 44999099

Credit rating

Company information

Official name
E. SÆTHER A/S
Personnel
142 persons
Established
2005
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About E. SÆTHER A/S

E. SÆTHER A/S (CVR number: 28856687) is a company from FURESØ. The company reported a net sales of 630.4 mDKK in 2023, demonstrating a growth of 7.6 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 12.5 mDKK), while net earnings were 10 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.8 %, 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. E. SÆTHER A/S's liquidity measured by quick ratio was 2.4 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales518.66486.42552.14585.98630.40
Gross profit86.3990.01102.53111.63100.35
EBIT12.1515.5722.3838.0912.46
Net earnings9.1816.0217.6229.7710.04
Shareholders equity total17.9333.9536.5741.3451.38
Balance sheet total (assets)55.9390.00100.0696.97105.32
Net debt
Profitability
EBIT-%2.3 %3.2 %4.1 %6.5 %2.0 %
ROA22.5 %21.3 %23.6 %38.9 %12.8 %
ROE46.3 %61.8 %50.0 %76.4 %21.7 %
ROI28.9 %21.3 %23.6 %52.5 %24.8 %
Economic value added (EVA)11.0814.6720.6827.837.63
Solvency
Equity ratio100.0 %100.0 %100.0 %42.6 %48.8 %
Gearing
Relative net indebtedness %8.7 %7.5 %
Liquidity
Quick ratio2.02.4
Current ratio2.02.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)31.519.1
Net working capital %7.9 %9.1 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.8%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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