SVANE GLAS A/S — Credit Rating and Financial Key Figures

CVR number: 21724602
Hvedevej 11-13, 8920 Randers NV

Credit rating

Company information

Official name
SVANE GLAS A/S
Personnel
32 persons
Established
1999
Company form
Limited company
Industry
  • Expand more icon43Specialised construction activities

About SVANE GLAS A/S

SVANE GLAS A/S (CVR number: 21724602) is a company from RANDERS. The company recorded a gross profit of 18.3 mDKK in 2024. The operating profit was 1389.6 kDKK, while net earnings were 835.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 14.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35.5 %, 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 GLAS A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit17 924.0720 780.4621 631.9317 801.9518 280.20
EBIT1 555.352 995.153 266.35939.921 389.58
Net earnings1 085.792 222.762 471.14506.62835.10
Shareholders equity total5 544.946 967.697 438.845 668.336 003.43
Balance sheet total (assets)21 824.8523 397.6319 371.6017 940.8016 991.17
Net debt2 583.562 760.075 861.986 515.214 734.60
Profitability
EBIT-%
ROA7.5 %13.5 %15.5 %5.2 %8.3 %
ROE19.7 %35.5 %34.3 %7.7 %14.3 %
ROI11.6 %24.3 %24.4 %7.0 %11.5 %
Economic value added (EVA)743.452 004.452 091.94221.32639.43
Solvency
Equity ratio25.4 %29.8 %38.4 %31.6 %35.5 %
Gearing83.9 %52.7 %79.7 %116.1 %80.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.90.80.61.0
Current ratio1.11.21.31.01.6
Cash and cash equivalents2 065.96911.9766.4863.3275.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.32%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.5%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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