Svift.net ApS — Credit Rating and Financial Key Figures

CVR number: 37418161
Møllevej 10, 5300 Kerteminde
contact@svift.net
tel: 60565026
https://svift.net

Company information

Official name
Svift.net ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Svift.net ApS

Svift.net ApS (CVR number: 37418161) is a company from KERTEMINDE. The company recorded a gross profit of 84.1 kDKK in 2023. The operating profit was 83.7 kDKK, while net earnings were 43.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was 76.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -98.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Svift.net ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 107.76-80.0469.2138.1384.07
EBIT- 131.36-4 202.13- 142.72-57.4883.66
Net earnings- 134.92-4 204.09360.50- 102.9443.34
Shareholders equity total- 702.29-4 906.38-4 545.88-4 648.83-4 605.49
Balance sheet total (assets)4 573.15318.9849.3634.2879.64
Net debt- 544.41-76.0318.5433.63-11.73
Profitability
EBIT-%
ROA-2.7 %-80.0 %-2.9 %-1.2 %1.8 %
ROE-3.3 %-171.9 %195.7 %-246.1 %76.1 %
ROI-2.8 %-83.0 %-5.7 %-130.7 %190.4 %
Economic value added (EVA)55.96-3 995.61288.41172.23317.79
Solvency
Equity ratio-13.3 %-93.9 %-98.9 %-99.3 %-98.3 %
Gearing-19.0 %-0.9 %-1.0 %-0.9 %-1.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.81.20.30.20.6
Current ratio3.81.20.30.20.6
Cash and cash equivalents677.75120.0025.4310.3555.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:1.79%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-98.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.