Svane Køkkenet Midtjylland A/S — Credit Rating and Financial Key Figures

CVR number: 42678368
Vintervej 9, Hasle 8210 Aarhus V

Credit rating

Company information

Official name
Svane Køkkenet Midtjylland A/S
Personnel
14 persons
Established
2021
Domicile
Hasle
Company form
Limited company
Industry

About Svane Køkkenet Midtjylland A/S

Svane Køkkenet Midtjylland A/S (CVR number: 42678368) is a company from AARHUS. The company recorded a gross profit of 4972.4 kDKK in 2024. The operating profit was -219.7 kDKK, while net earnings were -1843.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -11.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.8 %, 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. Svane Køkkenet Midtjylland A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit- 643.963 861.844 972.41
EBIT- 810.47- 344.91- 219.67
Net earnings1 182.95-1 929.41-1 843.89
Shareholders equity total22 682.9517 153.5415 309.65
Balance sheet total (assets)43 828.9336 686.4253 220.99
Net debt18 879.8518 130.9835 639.22
Profitability
EBIT-%
ROA3.7 %-2.9 %-0.8 %
ROE5.2 %-9.7 %-11.4 %
ROI3.9 %-3.1 %-0.8 %
Economic value added (EVA)- 732.70-33.13143.38
Solvency
Equity ratio51.8 %46.8 %28.8 %
Gearing85.8 %105.7 %232.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.4
Current ratio0.50.40.4
Cash and cash equivalents577.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBB

Variable visualization

ROA:-0.78%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.8%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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