SVANEN FINANS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SVANEN FINANS A/S
SVANEN FINANS A/S (CVR number: 26082684) is a company from HORSENS. The company recorded a gross profit of -2 kDKK in 2023. The operating profit was -113.4 kDKK, while net earnings were 3404.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good and Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 85.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SVANEN FINANS A/S's liquidity measured by quick ratio was 5.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -9.00 | -17.47 | - 504.27 | - 426.55 | -2.03 |
EBIT | -9.00 | -18.85 | - 504.27 | -1 256.19 | - 113.44 |
Net earnings | 770.95 | 7 928.79 | 3 167.14 | 12 873.76 | 3 404.37 |
Shareholders equity total | 3 108.69 | 11 037.47 | 9 204.61 | 22 078.37 | 25 482.75 |
Balance sheet total (assets) | 4 663.80 | 40 582.41 | 26 230.93 | 28 102.03 | 29 887.02 |
Net debt | 1 538.90 | 10 682.10 | 2 370.87 | 2 264.22 | 3 232.70 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.1 % | 35.9 % | 9.6 % | 46.6 % | 11.8 % |
ROE | 15.3 % | 112.1 % | 31.3 % | 82.3 % | 14.3 % |
ROI | 13.1 % | 61.4 % | 19.1 % | 70.3 % | 12.8 % |
Economic value added (EVA) | - 266.37 | -5.44 | - 400.52 | -1 227.09 | - 912.57 |
Solvency | |||||
Equity ratio | 66.7 % | 27.2 % | 35.1 % | 78.6 % | 85.3 % |
Gearing | 49.5 % | 96.8 % | 25.8 % | 10.3 % | 13.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.0 | 1.3 | 3.9 | 5.2 |
Current ratio | 1.2 | 1.0 | 1.3 | 3.9 | 5.2 |
Cash and cash equivalents | 19.65 | 232.26 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | A | AA |
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