SWARTZ HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SWARTZ HOLDING ApS
SWARTZ HOLDING ApS (CVR number: 35387358) is a company from NORDDJURS. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 284.5 % compared to the previous year. The operating profit percentage was at 97.5 % (EBIT: 0.2 mDKK), while net earnings were 241.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 23 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SWARTZ HOLDING ApS's liquidity measured by quick ratio was 2.6 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 | 167.23 | 19.72 | 75.95 | 65.27 | 250.93 |
Gross profit | 160.98 | 13.47 | 69.70 | 59.02 | 244.68 |
EBIT | 160.98 | 13.47 | 69.70 | 59.02 | 244.68 |
Net earnings | 157.48 | 10.32 | 67.67 | 57.84 | 241.24 |
Shareholders equity total | 965.68 | 976.00 | 1 043.67 | 987.11 | 1 110.55 |
Balance sheet total (assets) | 1 139.32 | 1 132.52 | 1 108.82 | 1 109.46 | 1 531.20 |
Net debt | - 530.33 | - 625.42 | - 713.01 | - 685.36 | - 676.00 |
Profitability | |||||
EBIT-% | 96.3 % | 68.3 % | 91.8 % | 90.4 % | 97.5 % |
ROA | 15.3 % | 1.2 % | 6.2 % | 5.3 % | 19.4 % |
ROE | 17.8 % | 1.1 % | 6.7 % | 5.7 % | 23.0 % |
ROI | 15.6 % | 1.2 % | 6.3 % | 5.4 % | 20.2 % |
Economic value added (EVA) | 183.23 | 40.60 | 91.95 | 74.98 | 259.82 |
Solvency | |||||
Equity ratio | 84.8 % | 86.2 % | 94.1 % | 89.0 % | 72.5 % |
Gearing | 15.1 % | 15.4 % | 5.6 % | 8.6 % | 32.0 % |
Relative net indebtedness % | -300.2 % | -3139.5 % | -930.6 % | -992.6 % | -243.5 % |
Liquidity | |||||
Quick ratio | 4.2 | 5.1 | 12.2 | 6.8 | 2.6 |
Current ratio | 4.2 | 5.1 | 12.2 | 6.8 | 2.6 |
Cash and cash equivalents | 675.70 | 775.63 | 771.91 | 770.22 | 1 031.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 328.2 % | 3242.3 % | 962.6 % | 1086.7 % | 271.7 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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