SVEA FINANS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SVEA FINANS A/S
SVEA FINANS A/S (CVR number: 27448402) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 33.2 mDKK in 2024. The operating profit was 21.2 mDKK, while net earnings were 9696 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was 28.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.5 %, 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. SVEA FINANS 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 25 504.54 | 25 738.44 | 26 486.49 | 27 280.16 | 33 159.54 |
EBIT | 8 414.16 | 8 523.91 | 14 874.45 | 9 540.34 | 21 155.12 |
Net earnings | 1 712.53 | 4 617.38 | 8 989.82 | 3 590.15 | 9 695.97 |
Shareholders equity total | 12 270.97 | 16 888.35 | 25 878.17 | 29 468.32 | 39 164.29 |
Balance sheet total (assets) | 118 225.67 | 101 737.57 | 125 517.35 | 133 813.56 | 190 730.01 |
Net debt | 79 861.45 | 65 607.18 | 72 509.20 | 80 649.90 | 119 287.64 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.5 % | 8.1 % | 13.3 % | 7.5 % | 13.1 % |
ROE | 15.0 % | 31.7 % | 42.0 % | 13.0 % | 28.3 % |
ROI | 7.3 % | 9.2 % | 15.1 % | 8.5 % | 15.2 % |
Economic value added (EVA) | 6 020.44 | 5 934.62 | 10 572.35 | 5 512.48 | 12 305.63 |
Solvency | |||||
Equity ratio | 10.4 % | 16.6 % | 20.6 % | 22.0 % | 20.5 % |
Gearing | 743.6 % | 425.5 % | 329.1 % | 291.5 % | 319.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 1.3 | 1.3 | 1.2 |
Current ratio | 1.1 | 1.2 | 1.3 | 1.3 | 1.2 |
Cash and cash equivalents | 11 388.78 | 6 245.74 | 12 667.65 | 5 250.65 | 5 839.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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