Credit rating
Company information
About SVENDSEN FINANS ApS
SVENDSEN FINANS ApS (CVR number: 27565999) is a company from HORSENS. The company recorded a gross profit of -9.3 kDKK in 2023. The operating profit was -9.3 kDKK, while net earnings were 245.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good and Return on Equity (ROE) was 13.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 62.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SVENDSEN FINANS ApS's liquidity measured by quick ratio was 1.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.38 | -6.63 | -8.50 | -11.48 | -9.31 |
EBIT | -6.38 | -6.63 | -8.50 | -11.48 | -9.31 |
Net earnings | 163.95 | 820.45 | 626.60 | 619.63 | 245.49 |
Shareholders equity total | -75.99 | 744.46 | 1 258.07 | 1 763.29 | 1 890.99 |
Balance sheet total (assets) | 514.61 | 1 337.64 | 2 008.82 | 2 590.28 | 3 028.45 |
Net debt | 539.78 | 569.00 | 691.98 | 800.53 | 886.40 |
Profitability | |||||
EBIT-% | |||||
ROA | 32.2 % | 87.4 % | 36.0 % | 27.6 % | 9.5 % |
ROE | 38.9 % | 130.3 % | 62.6 % | 41.0 % | 13.4 % |
ROI | 32.5 % | 88.0 % | 36.6 % | 28.0 % | 10.0 % |
Economic value added (EVA) | 22.15 | 23.05 | 41.34 | 21.11 | 11.39 |
Solvency | |||||
Equity ratio | -12.9 % | 55.7 % | 62.6 % | 68.1 % | 62.4 % |
Gearing | -769.3 % | 78.9 % | 56.0 % | 45.5 % | 47.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.0 | 0.8 | 1.2 | 1.5 |
Current ratio | 0.1 | 0.0 | 0.8 | 1.2 | 1.5 |
Cash and cash equivalents | 44.82 | 18.18 | 12.27 | 2.10 | 18.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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