Svanehøj Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Svanehøj Group A/S
Svanehøj Group A/S (CVR number: 39962349K) is a company from AALBORG. The company reported a net sales of 967.5 mDKK in 2022, demonstrating a growth of 58.3 % compared to the previous year. The operating profit percentage was at 12.5 % (EBIT: 120.6 mDKK), while net earnings were 84 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 20.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.1 %, 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. Svanehøj Group A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Volume | ||||
Net sales | 644.33 | 622.53 | 611.31 | 967.47 |
Gross profit | 146.60 | 190.12 | 177.44 | 289.35 |
EBIT | -0.61 | 41.57 | 7.07 | 120.64 |
Net earnings | -6.67 | 22.89 | -4.28 | 84.02 |
Shareholders equity total | 349.85 | 366.42 | 367.48 | 456.85 |
Balance sheet total (assets) | 686.08 | 699.04 | 786.26 | 861.38 |
Net debt | 3.13 | 111.00 | -9.94 | -98.72 |
Profitability | ||||
EBIT-% | -0.1 % | 6.7 % | 1.2 % | 12.5 % |
ROA | -0.1 % | 6.0 % | 1.0 % | 14.7 % |
ROE | -1.9 % | 6.4 % | -1.2 % | 20.4 % |
ROI | -0.1 % | 9.0 % | 1.4 % | 24.5 % |
Economic value added (EVA) | -0.70 | 8.03 | -21.47 | 67.93 |
Solvency | ||||
Equity ratio | 54.0 % | 57.0 % | 59.1 % | 66.1 % |
Gearing | 10.5 % | 41.0 % | 24.4 % | 10.6 % |
Relative net indebtedness % | 45.6 % | 45.4 % | 51.3 % | 25.2 % |
Liquidity | ||||
Quick ratio | 0.6 | 1.0 | 1.2 | 1.2 |
Current ratio | 0.9 | 1.4 | 1.2 | 1.3 |
Cash and cash equivalents | 33.58 | 39.41 | 99.78 | 147.04 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 67.4 | 67.0 | 65.0 | 34.2 |
Net working capital % | -3.8 % | 15.2 % | 10.7 % | 12.1 % |
Credit risk | ||||
Credit rating | A | AAA | A | AAA |
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