Swire Renewable Energy A/S — Credit Rating and Financial Key Figures

CVR number: 36445874
Lyshøjen 4, 8520 Lystrup

Credit rating

Company information

Official name
Swire Renewable Energy A/S
Personnel
228 persons
Established
2014
Company form
Limited company
Industry

About Swire Renewable Energy A/S

Swire Renewable Energy A/S (CVR number: 36445874) is a company from AARHUS. The company reported a net sales of 194.6 mDKK in 2024, demonstrating a decline of -32.2 % compared to the previous year. The operating profit percentage was poor at -50.2 % (EBIT: -97.7 mDKK), while net earnings were -125.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -36.2 %, which can be considered poor and Return on Equity (ROE) was -70.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69 %, 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. Swire Renewable Energy A/S's liquidity measured by quick ratio was 2.4 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales252.88191.05286.89194.64
Gross profit174.6090.09111.8337.37
EBIT-5.12-19.98-4.85-97.74
Net earnings-30.41-26.65-25.91- 125.29
Shareholders equity total86.4559.84144.94210.06
Balance sheet total (assets)178.07179.20264.55304.48
Net debt30.9871.2553.3816.11
Profitability
EBIT-%-2.0 %-10.5 %-1.7 %-50.2 %
ROA-14.6 %-11.3 %-4.1 %-36.2 %
ROE-29.8 %-36.4 %-17.9 %-70.6 %
ROI-17.8 %-14.0 %-4.8 %-41.1 %
Economic value added (EVA)-13.14-28.35-6.72-6.20- 111.10
Solvency
Equity ratio47.9 %33.4 %54.8 %69.0 %
Gearing35.9 %119.1 %54.8 %17.0 %
Relative net indebtedness %36.2 %62.5 %32.6 %26.5 %
Liquidity
Quick ratio0.70.61.42.4
Current ratio0.80.61.42.4
Cash and cash equivalents0.0125.9719.68
Capital use efficiency
Trade debtors turnover (days)22.362.5113.391.5
Net working capital %-5.2 %-19.4 %14.2 %41.9 %
Credit risk
Credit ratingAABBABBB

Variable visualization

ROA:-36.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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