Svendsen Træ Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Svendsen Træ Holding ApS
Svendsen Træ Holding ApS (CVR number: 38933973) is a company from FREDERIKSHAVN. The company reported a net sales of 1 mDKK in 2023, demonstrating a decline of -52.8 % compared to the previous year. The operating profit percentage was at 99.3 % (EBIT: 1 mDKK), while net earnings were 736.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 44.6 %, 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 Træ Holding ApS's liquidity measured by quick ratio was 0.5 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 673.34 | 1 348.95 | 3 033.12 | 2 069.02 | 976.07 |
Gross profit | 668.12 | 1 344.55 | 3 017.16 | 2 062.87 | 969.34 |
EBIT | 668.12 | 1 344.55 | 3 017.16 | 2 062.87 | 969.34 |
Net earnings | 551.24 | 1 231.58 | 2 906.70 | 1 963.99 | 736.37 |
Shareholders equity total | 2 175.81 | 3 442.98 | 6 359.65 | 8 328.87 | 9 065.23 |
Balance sheet total (assets) | 7 827.56 | 9 209.64 | 11 755.65 | 12 829.87 | 20 342.23 |
Net debt | 5 643.01 | 5 761.38 | 5 387.05 | 4 492.07 | 11 267.77 |
Profitability | |||||
EBIT-% | 99.2 % | 99.7 % | 99.5 % | 99.7 % | 99.3 % |
ROA | 8.7 % | 15.8 % | 28.8 % | 16.8 % | 5.8 % |
ROE | 29.3 % | 43.8 % | 59.3 % | 26.7 % | 8.5 % |
ROI | 8.7 % | 15.8 % | 28.8 % | 16.8 % | 5.8 % |
Economic value added (EVA) | 748.08 | 1 416.07 | 3 177.85 | 2 376.96 | 1 337.42 |
Solvency | |||||
Equity ratio | 27.8 % | 37.4 % | 54.1 % | 64.9 % | 44.6 % |
Gearing | 259.5 % | 167.3 % | 84.8 % | 54.0 % | 124.3 % |
Relative net indebtedness % | 839.0 % | 427.5 % | 177.8 % | 217.4 % | 1155.0 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.0 | 0.0 | 0.0 | 0.5 |
Current ratio | 0.4 | 0.0 | 0.0 | 0.0 | 0.5 |
Cash and cash equivalents | 2.49 | 0.03 | 2.95 | 2.93 | 3.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -0.6 % | -29.4 % | -29.8 % | -43.6 % | -0.3 % |
Credit risk | |||||
Credit rating | A | A | A | A | AA |
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