SWIFTOPEN ApS — Credit Rating and Financial Key Figures

CVR number: 25569040
Sandøvej 9 B, 8700 Horsens
kp@swiftopen.com
tel: 23700701
www.swiftopen.com

Credit rating

Company information

Official name
SWIFTOPEN ApS
Established
2013
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About SWIFTOPEN ApS

SWIFTOPEN ApS (CVR number: 25569040) is a company from HORSENS. The company recorded a gross profit of 0 kDKK in 2021, demonstrating a growth of 0 % compared to the previous year. The operating profit was 0 kDKK, while net earnings were -6.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was -3.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -18.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SWIFTOPEN ApS's liquidity measured by quick ratio was 0.6 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
2017
2018
2019
2020
2021
Volume
Net sales10.44
Gross profit-50.06-33.82-73.17-6.62
EBIT- 170.82-53.05-73.17-6.62
Net earnings- 136.50-45.27-60.42-9.08-6.70
Shareholders equity total78.1932.93-27.49-36.58-43.27
Balance sheet total (assets)376.01273.80223.91214.83192.84
Net debt116.26216.3650.88216.17227.36
Profitability
EBIT-%-63.4 %
ROA-39.5 %-16.2 %-27.9 %-2.6 %
ROE-93.2 %-81.5 %-47.1 %-4.1 %-3.3 %
ROI-45.8 %-18.2 %-42.7 %-4.1 %
Economic value added (EVA)- 132.12-40.18-57.95-2.653.38
Solvency
Equity ratio20.8 %12.0 %-10.9 %-14.5 %-18.3 %
Gearing294.1 %717.9 %-267.4 %-675.0 %-545.6 %
Relative net indebtedness %2113.4 %
Liquidity
Quick ratio0.70.50.60.60.6
Current ratio1.31.10.90.90.8
Cash and cash equivalents113.7220.0222.6430.748.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-350.3 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

Equity ratio:-18.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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