SVANEHØJ Danmark A/S
Credit rating
Company information
About SVANEHØJ Danmark A/S
SVANEHØJ Danmark A/S (CVR number: 25895010) is a company from AALBORG. The company reported a net sales of 674.4 mDKK in 2023, demonstrating a decline of -2.8 % compared to the previous year. The operating profit percentage was at 18 % (EBIT: 121.1 mDKK), while net earnings were 99 mDKK. The profitability of the company measured by Return on Assets (ROA) was 28 %, which can be considered excellent and Return on Equity (ROE) was 58.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SVANEHØJ Danmark A/S's liquidity measured by quick ratio was 2 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 288.64 | 388.50 | 439.14 | 693.64 | 674.43 |
Gross profit | 68.92 | 131.90 | 148.77 | 252.27 | 250.24 |
EBIT | 15.22 | 55.25 | 59.82 | 126.16 | 121.10 |
Net earnings | 10.27 | 42.67 | 45.37 | 96.13 | 99.01 |
Shareholders equity total | 27.20 | 73.17 | 70.96 | 119.59 | 218.55 |
Balance sheet total (assets) | 154.57 | 227.09 | 370.17 | 451.81 | 470.67 |
Net debt | 35.64 | 3.62 | -30.82 | -5.35 | 4.54 |
Profitability | |||||
EBIT-% | 5.3 % | 14.2 % | 13.6 % | 18.2 % | 18.0 % |
ROA | 10.4 % | 29.0 % | 20.0 % | 31.2 % | 28.0 % |
ROE | 44.1 % | 85.0 % | 63.0 % | 100.9 % | 58.6 % |
ROI | 19.1 % | 69.9 % | 62.4 % | 85.8 % | 56.6 % |
Economic value added (EVA) | 11.12 | 41.74 | 43.57 | 97.84 | 91.56 |
Solvency | |||||
Equity ratio | 22.8 % | 40.7 % | 30.7 % | 37.8 % | 59.1 % |
Gearing | 134.9 % | 22.2 % | 32.1 % | 57.6 % | 12.8 % |
Relative net indebtedness % | 43.2 % | 35.5 % | 55.1 % | 36.1 % | 32.5 % |
Liquidity | |||||
Quick ratio | 0.8 | 1.1 | 1.3 | 1.3 | 2.0 |
Current ratio | 1.1 | 1.4 | 1.2 | 1.2 | 1.6 |
Cash and cash equivalents | 1.07 | 12.60 | 53.62 | 74.22 | 23.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 71.5 | 48.1 | 60.7 | 22.3 | 30.6 |
Net working capital % | 6.0 % | 14.0 % | 11.0 % | 11.3 % | 19.3 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | AA |
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