SWIFT BIT HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34889961
Nygårdsparken 36, Stjær 8464 Galten

Credit rating

Company information

Official name
SWIFT BIT HOLDING ApS
Personnel
2 persons
Established
2012
Domicile
Stjær
Company form
Private limited company
Industry

About SWIFT BIT HOLDING ApS

SWIFT BIT HOLDING ApS (CVR number: 34889961) is a company from SKANDERBORG. The company recorded a gross profit of -58.4 kDKK in 2022. The operating profit was -967.7 kDKK, while net earnings were -9562.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -11.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SWIFT BIT HOLDING ApS's liquidity measured by quick ratio was 56.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-11.15-11.46-13.65- 403.71-58.37
EBIT-11.15-11.46-13.65-1 256.20- 967.66
Net earnings-88.1913 411.23187 038.74795.24-9 562.72
Shareholders equity total49.1113 460.34198 999.08139 365.6329 802.91
Balance sheet total (assets)209.9713 629.31199 838.48154 189.3130 249.02
Net debt-13.07-13 606.69-30 560.96-16 652.55-25 208.27
Profitability
EBIT-%
ROA-28.7 %194.0 %176.9 %2.6 %-0.7 %
ROE-60.4 %198.5 %176.1 %0.5 %-11.3 %
ROI-54.9 %198.8 %177.7 %2.6 %-0.7 %
Economic value added (EVA)-6.30-11.54-6.25-9 443.73-8 846.18
Solvency
Equity ratio23.4 %98.8 %99.6 %90.4 %98.5 %
Gearing10.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.180.636.42.156.9
Current ratio1.180.636.42.156.9
Cash and cash equivalents13.0713 606.6930 560.9631 057.4325 208.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAAABBB

Variable visualization

ROA:-0.73%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.5%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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

... and more!

No registration needed.