SVINGET 11 ApS — Credit Rating and Financial Key Figures

CVR number: 36083980
Svinget 11, 6800 Varde
soren@kold.biz
tel: 31413110

Credit rating

Company information

Official name
SVINGET 11 ApS
Established
2014
Company form
Private limited company
Industry

About SVINGET 11 ApS

SVINGET 11 ApS (CVR number: 36083980) is a company from VARDE. The company recorded a gross profit of 1956.3 kDKK in 2024. The operating profit was 1829.7 kDKK, while net earnings were 1237.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.1 %, which can be considered excellent and Return on Equity (ROE) was 105.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.8 %, 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. SVINGET 11 ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit453.91356.06460.06457.401 956.31
EBIT334.70235.38339.38331.261 829.66
Net earnings97.8629.76103.08108.071 237.54
Shareholders equity total314.81344.57447.65555.721 793.26
Balance sheet total (assets)5 901.795 830.765 666.705 598.455 459.16
Net debt5 327.655 175.275 048.344 807.682 763.71
Profitability
EBIT-%
ROA5.7 %4.0 %5.9 %5.9 %33.1 %
ROE36.8 %9.0 %26.0 %21.5 %105.4 %
ROI5.9 %4.2 %6.1 %6.1 %36.5 %
Economic value added (EVA)-85.36- 116.56-69.54-68.961 124.57
Solvency
Equity ratio5.3 %5.9 %7.9 %9.9 %32.8 %
Gearing1693.3 %1517.3 %1128.8 %876.2 %156.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents3.0452.984.6261.3237.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:33.1%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.8%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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