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SVANEN DEVELOPMENT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SVANEN DEVELOPMENT A/S
SVANEN DEVELOPMENT A/S (CVR number: 26300231) is a company from HORSENS. The company recorded a gross profit of 7662.3 kDKK in 2025. The operating profit was -5328.2 kDKK, while net earnings were 35.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29.6 %, which can be considered excellent and Return on Equity (ROE) was 33.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SVANEN DEVELOPMENT A/S's liquidity measured by quick ratio was 3.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 16 122.51 | 7 662.35 | |||
| EBIT | -10 121.00 | -2 671.00 | -12 986.00 | -2 767.01 | -5 328.20 |
| Net earnings | 35 538.00 | 26 702.00 | 23 037.00 | 33 698.41 | 35 459.56 |
| Shareholders equity total | 85 079.00 | 91 781.00 | 94 818.00 | 108 516.57 | 103 976.13 |
| Balance sheet total (assets) | 151 397.00 | 94 696.00 | 189 449.00 | 169 532.77 | 128 762.04 |
| Net debt | 3 165.08 | -1 042.24 | |||
| Profitability | |||||
| EBIT-% | |||||
| ROA | -6.8 % | -2.2 % | -9.1 % | 22.0 % | 29.6 % |
| ROE | 47.5 % | 30.2 % | 24.7 % | 33.1 % | 33.4 % |
| ROI | -6.8 % | -2.2 % | -9.1 % | 26.0 % | 39.2 % |
| Economic value added (EVA) | -13 364.19 | -6 946.22 | -17 598.00 | -6 729.18 | -10 379.11 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 58.2 % | 73.8 % |
| Gearing | 5.3 % | 6.5 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.3 | 3.9 | |||
| Current ratio | 2.3 | 3.9 | |||
| Cash and cash equivalents | 2 563.46 | 7 845.02 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | BBB | BBB |
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