SVENNINGSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SVENNINGSEN A/S
SVENNINGSEN A/S (CVR number: 20301996) is a company from KØBENHAVN. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of 6.3 % compared to the previous year. The operating profit percentage was poor at -87.3 % (EBIT: -0.8 mDKK), while net earnings were 2391.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SVENNINGSEN A/S's liquidity measured by quick ratio was 42.5 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 770.48 | 787.56 | 828.15 | 843.97 | 896.97 |
Gross profit | 93.48 | 274.49 | 314.61 | 203.46 | 157.87 |
EBIT | 189.21 | 575.23 | 1 340.31 | 350.73 | - 783.29 |
Net earnings | 2 391.85 | 1 066.56 | 3 864.49 | - 879.94 | 2 391.09 |
Shareholders equity total | 27 849.66 | 27 156.22 | 30 330.71 | 26 550.77 | 28 941.86 |
Balance sheet total (assets) | 31 109.44 | 32 098.67 | 33 768.67 | 29 421.19 | 31 860.30 |
Net debt | -19 937.61 | -18 966.59 | -21 333.28 | -17 029.31 | -20 406.70 |
Profitability | |||||
EBIT-% | 24.6 % | 73.0 % | 161.8 % | 41.6 % | -87.3 % |
ROA | 8.8 % | 3.9 % | 12.7 % | 3.4 % | 8.3 % |
ROE | 9.0 % | 3.9 % | 13.4 % | -3.1 % | 8.6 % |
ROI | 8.9 % | 3.9 % | 12.9 % | 3.4 % | 8.4 % |
Economic value added (EVA) | - 216.52 | 134.20 | 935.75 | - 154.48 | -1 214.63 |
Solvency | |||||
Equity ratio | 89.5 % | 84.6 % | 89.8 % | 90.2 % | 90.8 % |
Gearing | 7.6 % | 13.8 % | 6.6 % | 6.3 % | 5.3 % |
Relative net indebtedness % | -2519.0 % | -2344.1 % | -2516.1 % | -1958.7 % | -2209.0 % |
Liquidity | |||||
Quick ratio | 45.8 | 10.4 | 38.2 | 43.3 | 42.5 |
Current ratio | 45.8 | 10.4 | 38.2 | 43.3 | 42.5 |
Cash and cash equivalents | 22 051.17 | 22 707.72 | 23 337.63 | 18 709.40 | 21 937.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 366.1 % | 128.6 % | 187.7 % | 177.3 % | 226.6 % |
Credit risk | |||||
Credit rating | A | AA | AA | A | AA |
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