SVENDBORG FORSYNING A/S — Credit Rating and Financial Key Figures

CVR number: 33254288
Ryttermarken 21, 5700 Svendborg
post@vandogaffald.dk
tel: 63215515
www.vandogaffald.dk

Credit rating

Company information

Official name
SVENDBORG FORSYNING A/S
Established
2010
Company form
Limited company
Industry

About SVENDBORG FORSYNING A/S

SVENDBORG FORSYNING A/S (CVR number: 33254288K) is a company from SVENDBORG. The company reported a net sales of 202.9 mDKK in 2023, demonstrating a decline of -0.8 % compared to the previous year. The operating profit percentage was at 14.8 % (EBIT: 30 mDKK), while net earnings were 21.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 73.6 %, 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. SVENDBORG FORSYNING A/S's liquidity measured by quick ratio was 22.2 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
2019
2020
2021
2022
2023
Volume
Net sales196.16193.02209.24204.57202.94
Gross profit113.02111.05111.8498.7893.34
EBIT38.6338.4237.7131.7630.02
Net earnings17.5054.2522.9318.3521.44
Shareholders equity total1 403.501 457.741 480.671 499.031 520.47
Balance sheet total (assets)2 083.782 142.792 130.272 135.562 145.82
Net debt400.37418.95
Profitability
EBIT-%19.7 %19.9 %18.0 %15.5 %14.8 %
ROA1.9 %1.8 %1.8 %1.5 %1.5 %
ROE1.3 %3.8 %1.6 %1.2 %1.4 %
ROI1.9 %1.8 %1.8 %1.5 %1.5 %
Economic value added (EVA)-52.46-32.11-35.54-42.36-59.11
Solvency
Equity ratio100.0 %100.0 %100.0 %72.4 %73.6 %
Gearing32.3 %29.9 %
Relative net indebtedness %236.7 %250.1 %
Liquidity
Quick ratio71.422.2
Current ratio74.024.0
Cash and cash equivalents84.4835.97
Capital use efficiency
Trade debtors turnover (days)22.619.8
Net working capital %51.8 %29.1 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:1.49%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.6%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Board member
Board member
Board member
Board member
Chairman of the board

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