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SVENDS FORNIKLING A/S — Credit Rating and Financial Key Figures
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 356.4 kDKK in 2024. The operating profit was -44.6 kDKK, while net earnings were -65.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -6.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.3 %, 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 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 827.08 | 670.70 | 755.16 | 398.44 | 356.37 |
| EBIT | 118.75 | 205.34 | 244.75 | - 106.95 | -44.59 |
| Net earnings | 60.42 | 136.95 | 165.63 | - 107.24 | -65.65 |
| Shareholders equity total | 797.70 | 934.65 | 1 100.28 | 993.04 | 927.40 |
| Balance sheet total (assets) | 2 844.56 | 2 821.21 | 2 937.38 | 2 622.48 | 2 483.83 |
| Net debt | 1 575.21 | 1 386.06 | 993.59 | 1 029.04 | 1 044.21 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 4.0 % | 7.2 % | 8.5 % | -3.8 % | -1.7 % |
| ROE | 7.9 % | 15.8 % | 16.3 % | -10.2 % | -6.8 % |
| ROI | 4.4 % | 7.8 % | 9.1 % | -4.2 % | -1.9 % |
| Economic value added (EVA) | -44.25 | 28.86 | 59.15 | - 218.27 | - 156.01 |
| Solvency | |||||
| Equity ratio | 28.0 % | 33.1 % | 37.5 % | 37.9 % | 37.3 % |
| Gearing | 198.1 % | 152.5 % | 116.7 % | 115.8 % | 112.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.7 | 1.2 | 0.7 | 0.5 |
| Current ratio | 1.2 | 1.5 | 1.9 | 1.6 | 1.2 |
| Cash and cash equivalents | 4.64 | 38.93 | 290.46 | 121.17 | 0.63 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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