SAFELIGHT A/S — Credit Rating and Financial Key Figures

CVR number: 33240074
Stensgårdvej 21 N, 5500 Middelfart
cn@safelight.dk
tel: 63417786

Credit rating

Company information

Official name
SAFELIGHT A/S
Personnel
24 persons
Established
2010
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About SAFELIGHT A/S

SAFELIGHT A/S (CVR number: 33240074) is a company from MIDDELFART. The company recorded a gross profit of 11.8 mDKK in 2023. The operating profit was -1763.9 kDKK, while net earnings were -1714.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.9 %, which can be considered poor and Return on Equity (ROE) was -50.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.7 %, 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. SAFELIGHT A/S's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit13 152.9013 338.8714 936.7414 601.0411 794.77
EBIT1 353.972 099.072 989.482 116.28-1 763.92
Net earnings855.031 419.982 174.211 412.54-1 714.54
Shareholders equity total1 759.912 538.624 712.824 725.362 010.83
Balance sheet total (assets)12 791.1913 115.7918 706.2615 956.9613 721.37
Net debt5 571.521 661.68-1 335.435 722.935 608.71
Profitability
EBIT-%
ROA11.0 %16.2 %19.1 %12.4 %-11.9 %
ROE52.9 %66.1 %60.0 %29.9 %-50.9 %
ROI19.7 %35.8 %62.3 %26.9 %-19.3 %
Economic value added (EVA)990.121 539.852 200.491 506.62-1 619.59
Solvency
Equity ratio13.8 %19.4 %25.2 %29.6 %14.7 %
Gearing321.7 %69.2 %15.5 %122.3 %285.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.80.60.5
Current ratio1.11.21.31.51.2
Cash and cash equivalents90.4894.742 067.5756.95132.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:-11.9%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.7%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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