SWIFTOPEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 10.44 | ||||
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 total | 78.19 | 32.93 | -27.49 | -36.58 | -43.27 |
Balance sheet total (assets) | 376.01 | 273.80 | 223.91 | 214.83 | 192.84 |
Net debt | 116.26 | 216.36 | 50.88 | 216.17 | 227.36 |
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 | -2.65 | 3.38 |
Solvency | |||||
Equity ratio | 20.8 % | 12.0 % | -10.9 % | -14.5 % | -18.3 % |
Gearing | 294.1 % | 717.9 % | -267.4 % | -675.0 % | -545.6 % |
Relative net indebtedness % | 2113.4 % | ||||
Liquidity | |||||
Quick ratio | 0.7 | 0.5 | 0.6 | 0.6 | 0.6 |
Current ratio | 1.3 | 1.1 | 0.9 | 0.9 | 0.8 |
Cash and cash equivalents | 113.72 | 20.02 | 22.64 | 30.74 | 8.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -350.3 % | ||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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