Svendborg Aluminium Solutions A/S — Credit Rating and Financial Key Figures

CVR number: 20283203
Vesterrøn 7, 5700 Svendborg
sas@svendborgas.dk
tel: 62201127

Credit rating

Company information

Official name
Svendborg Aluminium Solutions A/S
Personnel
3 persons
Established
1997
Company form
Limited company
Industry

About Svendborg Aluminium Solutions A/S

Svendborg Aluminium Solutions A/S (CVR number: 20283203) is a company from SVENDBORG. The company recorded a gross profit of 1193.4 kDKK in 2022. The operating profit was 37.6 kDKK, while net earnings were -25.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.3 %, 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. Svendborg Aluminium Solutions A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit998.001 103.00994.001 352.001 193.37
EBIT- 230.00238.00- 108.00351.0037.62
Net earnings- 256.0081.00- 155.00205.00-25.70
Shareholders equity total794.001 889.001 734.001 939.201 913.50
Balance sheet total (assets)3 221.005 606.004 009.004 182.005 125.43
Net debt2 267.002 971.001 820.001 732.002 461.96
Profitability
EBIT-%
ROA-6.8 %5.4 %-2.2 %8.3 %0.7 %
ROE-27.8 %6.0 %-8.6 %11.2 %-1.3 %
ROI-7.2 %5.8 %-2.4 %8.8 %0.8 %
Economic value added (EVA)- 309.3568.41- 262.47121.04- 126.64
Solvency
Equity ratio24.7 %34.0 %43.3 %46.4 %37.3 %
Gearing285.5 %157.3 %105.0 %89.3 %128.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.50.71.0
Current ratio0.70.50.71.21.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:0.75%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.3%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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