SVENDBORG VE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SVENDBORG VE A/S
SVENDBORG VE A/S (CVR number: 32327036) is a company from SVENDBORG. The company reported a net sales of 2.3 mDKK in 2024. The operating profit percentage was poor at -24.8 % (EBIT: -0.6 mDKK), while net earnings were -571.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.9 %, which can be considered poor and Return on Equity (ROE) was -46.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.2 %, 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. SVENDBORG VE A/S's liquidity measured by quick ratio was 2.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 299.85 | ||||
Gross profit | - 553.88 | ||||
EBIT | - 176.03 | - 151.00 | -24.20 | -34.79 | - 571.37 |
Net earnings | - 145.00 | - 127.72 | -31.65 | -12.37 | - 571.91 |
Shareholders equity total | 1 682.95 | 1 555.22 | 1 523.57 | 1 511.20 | 939.29 |
Balance sheet total (assets) | 1 713.24 | 1 562.79 | 1 744.04 | 1 581.12 | 3 325.52 |
Net debt | -1 667.76 | -1 481.29 | -1 227.22 | - 792.48 | -1 284.30 |
Profitability | |||||
EBIT-% | -24.8 % | ||||
ROA | -9.9 % | -9.2 % | -1.5 % | -1.3 % | -21.9 % |
ROE | -8.3 % | -7.9 % | -2.1 % | -0.8 % | -46.7 % |
ROI | -10.0 % | -9.3 % | -1.5 % | -1.3 % | -23.4 % |
Economic value added (EVA) | - 229.16 | - 202.35 | - 100.21 | - 107.23 | - 647.63 |
Solvency | |||||
Equity ratio | 98.2 % | 99.5 % | 87.4 % | 95.6 % | 28.2 % |
Gearing | 14.2 % | 0.4 % | 119.8 % | ||
Relative net indebtedness % | -1.0 % | ||||
Liquidity | |||||
Quick ratio | 56.6 | 206.5 | 6.6 | 12.6 | 2.4 |
Current ratio | 56.6 | 206.5 | 6.6 | 12.6 | 2.4 |
Cash and cash equivalents | 1 667.76 | 1 481.29 | 1 443.32 | 799.05 | 2 409.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 143.9 | ||||
Net working capital % | 84.3 % | ||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
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