Swire Renewable Energy Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Swire Renewable Energy Holding A/S
Swire Renewable Energy Holding A/S (CVR number: 25558936) is a company from AARHUS. The company recorded a gross profit of -191 kDKK in 2023. The operating profit was -191 kDKK, while net earnings were -25.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -19.1 %, which can be considered poor and Return on Equity (ROE) was -28.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Swire Renewable Energy Holding A/S's liquidity measured by quick ratio was 1783.8 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 | -13.20 | -27.79 | -3 209.90 | -17.00 | - 191.00 |
EBIT | -13.20 | -27.79 | -3 209.90 | -17.00 | - 191.00 |
Net earnings | -67 811.27 | -36 136.18 | -46 931.42 | - 136 822.00 | -25 913.00 |
Shareholders equity total | 26 671.10 | 31 053.06 | -15 831.76 | -82 913.00 | 144 937.00 |
Balance sheet total (assets) | 122 173.97 | 93 059.93 | 111 217.96 | 36 101.00 | 144 980.00 |
Net debt | 79 811.60 | 49 002.49 | 127 034.72 | 118 984.00 | |
Profitability | |||||
EBIT-% | |||||
ROA | -40.2 % | -28.3 % | -27.1 % | -107.9 % | -19.1 % |
ROE | -112.4 % | -125.2 % | -66.0 % | -185.7 % | -28.6 % |
ROI | -44.1 % | -32.6 % | -28.8 % | -107.9 % | -19.1 % |
Economic value added (EVA) | 3 340.16 | 3 858.41 | 52.19 | 3 785.62 | 3 975.38 |
Solvency | |||||
Equity ratio | 62.8 % | 52.2 % | -12.5 % | -69.7 % | 100.0 % |
Gearing | 299.2 % | 157.8 % | -802.4 % | -143.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | 0.4 | 0.3 | 1 783.8 |
Current ratio | 0.2 | 0.2 | 0.4 | 0.3 | 1 783.8 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | B | BBB |
Variable visualization
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