E. SÆTHER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 518.66 | 486.42 | 552.14 | 585.98 | 630.40 |
Gross profit | 86.39 | 90.01 | 102.53 | 111.63 | 100.35 |
EBIT | 12.15 | 15.57 | 22.38 | 38.09 | 12.46 |
Net earnings | 9.18 | 16.02 | 17.62 | 29.77 | 10.04 |
Shareholders equity total | 17.93 | 33.95 | 36.57 | 41.34 | 51.38 |
Balance sheet total (assets) | 55.93 | 90.00 | 100.06 | 96.97 | 105.32 |
Net debt | |||||
Profitability | |||||
EBIT-% | 2.3 % | 3.2 % | 4.1 % | 6.5 % | 2.0 % |
ROA | 22.5 % | 21.3 % | 23.6 % | 38.9 % | 12.8 % |
ROE | 46.3 % | 61.8 % | 50.0 % | 76.4 % | 21.7 % |
ROI | 28.9 % | 21.3 % | 23.6 % | 52.5 % | 24.8 % |
Economic value added (EVA) | 11.08 | 14.67 | 20.68 | 27.83 | 7.63 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 42.6 % | 48.8 % |
Gearing | |||||
Relative net indebtedness % | 8.7 % | 7.5 % | |||
Liquidity | |||||
Quick ratio | 2.0 | 2.4 | |||
Current ratio | 2.0 | 2.4 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 31.5 | 19.1 | |||
Net working capital % | 7.9 % | 9.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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