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 -20 kDKK in 2024. The operating profit was -117.6 kDKK, while net earnings were -547.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.9 %, 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 10.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -17.47 | - 504.27 | - 426.55 | -2.03 | -20.03 |
EBIT | -18.85 | - 504.27 | -1 256.19 | - 113.44 | - 117.64 |
Net earnings | 7 928.79 | 3 167.14 | 12 873.76 | 3 404.37 | - 547.61 |
Shareholders equity total | 11 037.47 | 9 204.61 | 22 078.37 | 25 482.75 | 24 935.13 |
Balance sheet total (assets) | 40 582.41 | 26 230.93 | 28 102.03 | 29 887.02 | 27 746.67 |
Net debt | 10 682.10 | 2 370.87 | 2 264.22 | 3 232.70 | 1 620.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 35.9 % | 9.6 % | 46.6 % | 11.8 % | -0.3 % |
ROE | 112.1 % | 31.3 % | 82.3 % | 14.3 % | -2.2 % |
ROI | 61.4 % | 19.1 % | 70.3 % | 12.8 % | -0.4 % |
Economic value added (EVA) | -5.44 | - 400.52 | -1 227.09 | - 912.57 | -1 001.76 |
Solvency | |||||
Equity ratio | 27.2 % | 35.1 % | 78.6 % | 85.3 % | 89.9 % |
Gearing | 96.8 % | 25.8 % | 10.3 % | 13.6 % | 6.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.3 | 3.9 | 5.2 | 10.3 |
Current ratio | 1.0 | 1.3 | 3.9 | 5.2 | 10.3 |
Cash and cash equivalents | 19.65 | 232.26 | 94.52 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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