Swapfiets Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 39584867
Nordre Fasanvej 17, 2000 Frederiksberg
info@swapfiets.dk
tel: 78793158
www.swapfiets.dk
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Credit rating

Company information

Official name
Swapfiets Denmark ApS
Personnel
108 persons
Established
2018
Company form
Private limited company
Industry

About Swapfiets Denmark ApS

Swapfiets Denmark ApS (CVR number: 39584867) is a company from FREDERIKSBERG. The company recorded a gross profit of 3939.1 kEUR in 2024. The operating profit was 416.9 kEUR, while net earnings were 348.6 kEUR. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good but Return on Equity (ROE) was 40.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.8 %, 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. Swapfiets Denmark ApS'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 financials

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 639.631 940.862 884.713 573.973 939.09
EBIT172.81272.48293.78364.44416.86
Net earnings-9.96169.63179.13323.16348.60
Shareholders equity total-3.21191.42370.55693.711 042.31
Balance sheet total (assets)1 834.672 048.821 969.293 161.333 493.42
Net debt390.990.02187.25759.98800.29
Profitability
EBIT-%
ROA11.4 %14.0 %14.6 %16.2 %13.7 %
ROE-1.1 %16.7 %63.8 %60.7 %40.2 %
ROI19.3 %22.1 %19.8 %22.4 %18.6 %
Economic value added (EVA)127.67167.22150.38224.00214.26
Solvency
Equity ratio-0.2 %9.3 %18.8 %21.9 %29.8 %
Gearing-27678.4 %716.1 %275.3 %232.4 %148.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.90.80.31.2
Current ratio0.80.90.80.31.2
Cash and cash equivalents496.661 370.69832.82852.02744.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:13.7%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.8%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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