SVANE KØKKENET ODENSE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SVANE KØKKENET ODENSE A/S
SVANE KØKKENET ODENSE A/S (CVR number: 32938280) is a company from ODENSE. The company recorded a gross profit of 12.3 mDKK in 2024. The operating profit was -6320.3 kDKK, while net earnings were -5789 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.7 %, which can be considered poor and Return on Equity (ROE) was -54.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.4 %, 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. SVANE KØKKENET ODENSE A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 16 150.42 | 21 954.69 | 27 259.96 | 22 126.52 | 12 331.78 |
| EBIT | 2 076.84 | 2 826.09 | 4 951.45 | 2 383.86 | -6 320.34 |
| Net earnings | 1 101.81 | - 949.00 | 3 259.12 | 1 284.83 | -5 789.00 |
| Shareholders equity total | 11 862.36 | 8 913.36 | 12 172.48 | 13 457.31 | 7 668.31 |
| Balance sheet total (assets) | 39 422.28 | 45 259.39 | 37 415.96 | 44 658.83 | 34 144.92 |
| Net debt | 22 770.47 | 14 512.00 | 7 939.32 | 15 511.94 | 16 818.09 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 5.4 % | 6.9 % | 12.0 % | 6.5 % | -15.7 % |
| ROE | 9.7 % | -9.1 % | 30.9 % | 10.0 % | -54.8 % |
| ROI | 8.4 % | 11.6 % | 21.2 % | 10.4 % | -22.9 % |
| Economic value added (EVA) | 401.13 | 780.50 | 2 618.48 | 756.21 | -6 444.50 |
| Solvency | |||||
| Equity ratio | 32.6 % | 21.9 % | 33.4 % | 33.4 % | 24.4 % |
| Gearing | 101.8 % | 163.0 % | 65.5 % | 115.5 % | 219.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.5 | 1.3 | 1.4 | 1.5 | 1.2 |
| Current ratio | 1.4 | 1.2 | 1.4 | 1.3 | 1.1 |
| Cash and cash equivalents | -10 695.14 | 16.99 | 33.87 | 32.44 | 32.08 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BBB | A | BBB |
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