SVENDSEN SPORT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SVENDSEN SPORT A/S
SVENDSEN SPORT A/S (CVR number: 16997579) is a company from GREVE. The company reported a net sales of 361.6 mDKK in 2023, demonstrating a decline of -29.4 % compared to the previous year. The operating profit percentage was poor at -7.1 % (EBIT: -25.8 mDKK), while net earnings were -25.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -13.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43 %, 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. SVENDSEN SPORT A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 433.00 | 463.07 | 641.10 | 511.99 | 361.56 |
Gross profit | 135.77 | 147.17 | 215.98 | 122.53 | 50.59 |
EBIT | 44.76 | 45.21 | 116.27 | 16.89 | -25.82 |
Net earnings | 30.37 | 24.19 | 86.32 | 56.88 | -25.60 |
Shareholders equity total | 98.67 | 73.17 | 150.45 | 203.56 | 177.96 |
Balance sheet total (assets) | 287.53 | 337.38 | 526.88 | 575.82 | 413.73 |
Net debt | 102.94 | 83.58 | 167.88 | 249.44 | 161.28 |
Profitability | |||||
EBIT-% | 10.3 % | 9.8 % | 18.1 % | 3.3 % | -7.1 % |
ROA | 16.8 % | 14.7 % | 27.7 % | 12.8 % | -3.3 % |
ROE | 32.7 % | 28.2 % | 77.2 % | 32.1 % | -13.4 % |
ROI | 23.4 % | 21.4 % | 41.8 % | 17.4 % | -4.0 % |
Economic value added (EVA) | 30.54 | 30.72 | 86.73 | 8.53 | -31.87 |
Solvency | |||||
Equity ratio | 34.3 % | 21.7 % | 28.6 % | 35.4 % | 43.0 % |
Gearing | 109.6 % | 199.3 % | 135.6 % | 124.3 % | 91.9 % |
Relative net indebtedness % | 42.0 % | 43.6 % | 53.1 % | 72.0 % | 64.6 % |
Liquidity | |||||
Quick ratio | 0.6 | 0.9 | 0.9 | 0.6 | 0.8 |
Current ratio | 1.4 | 1.5 | 1.7 | 1.6 | 1.7 |
Cash and cash equivalents | 5.20 | 62.26 | 36.06 | 3.67 | 2.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 68.8 | 63.1 | 87.6 | 78.1 | 85.6 |
Net working capital % | 16.9 % | 22.9 % | 31.9 % | 42.6 % | 46.5 % |
Credit risk | |||||
Credit rating | AAA | AA | AA | AAA | A |
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