Credit rating
Company information
About SVENDS FORNIKLING A/S
SVENDS FORNIKLING A/S (CVR number: 15116781) is a company from VIBORG. The company recorded a gross profit of 398.4 kDKK in 2023. The operating profit was -107 kDKK, while net earnings were -107.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -10.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SVENDS FORNIKLING A/S's liquidity measured by quick ratio was 0.7 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 | 1 300.75 | 827.08 | 670.70 | 755.16 | 398.44 |
EBIT | 257.54 | 118.75 | 205.34 | 244.75 | - 106.95 |
Net earnings | 159.88 | 60.42 | 136.95 | 165.63 | - 107.24 |
Shareholders equity total | 737.28 | 797.70 | 934.65 | 1 100.28 | 993.04 |
Balance sheet total (assets) | 3 071.80 | 2 844.56 | 2 821.21 | 2 937.38 | 2 622.48 |
Net debt | 1 661.29 | 1 575.21 | 1 386.06 | 993.59 | 1 029.04 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.3 % | 4.0 % | 7.2 % | 8.5 % | -3.8 % |
ROE | 24.3 % | 7.9 % | 15.8 % | 16.3 % | -10.2 % |
ROI | 9.2 % | 4.4 % | 7.8 % | 9.1 % | -4.1 % |
Economic value added (EVA) | 84.31 | -21.10 | 47.60 | 81.43 | - 180.57 |
Solvency | |||||
Equity ratio | 24.0 % | 28.0 % | 33.1 % | 37.5 % | 37.9 % |
Gearing | 237.6 % | 198.1 % | 152.5 % | 116.7 % | 115.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | 0.7 | 1.2 | 0.7 |
Current ratio | 1.0 | 1.2 | 1.5 | 1.9 | 1.6 |
Cash and cash equivalents | 90.64 | 4.64 | 38.93 | 290.46 | 121.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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