SVANE KØKKENET ODENSE A/S — Credit Rating and Financial Key Figures

CVR number: 32938280
Rødegårdsvej 209 A, 5230 Odense M
tel: 66175678

Company information

Official name
SVANE KØKKENET ODENSE A/S
Personnel
39 persons
Established
2010
Company form
Limited company
Industry

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 22.3 mDKK in 2023. The operating profit was 2383.9 kDKK, while net earnings were 1284.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 31 %, 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 1.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit16 821.0516 150.4221 954.6927 259.9622 305.05
EBIT2 910.172 076.842 826.094 951.452 383.86
Net earnings1 464.901 101.81- 949.003 259.121 284.83
Shareholders equity total10 760.5511 862.368 913.3612 172.4813 457.31
Balance sheet total (assets)38 105.8339 422.2845 259.3937 415.9643 838.63
Net debt28 965.8822 770.4714 512.007 939.3217 511.94
Profitability
EBIT-%
ROA7.3 %5.4 %6.9 %12.0 %6.6 %
ROE14.6 %9.7 %-9.1 %30.9 %10.0 %
ROI11.2 %8.4 %11.6 %21.2 %10.0 %
Economic value added (EVA)1 685.77159.27834.023 345.591 176.04
Solvency
Equity ratio31.0 %32.6 %21.9 %33.4 %31.0 %
Gearing114.6 %101.8 %163.0 %65.5 %130.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.51.31.41.3
Current ratio1.41.41.21.41.3
Cash and cash equivalents-16 630.89-10 695.1416.9933.8732.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:6.56%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.0%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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