SVENDBORG FORSYNINGSSERVICE A/S
Credit rating
Company information
About SVENDBORG FORSYNINGSSERVICE A/S
SVENDBORG FORSYNINGSSERVICE A/S (CVR number: 33081146) is a company from SVENDBORG. The company reported a net sales of 64.3 mDKK in 2023, demonstrating a growth of 5.1 % compared to the previous year. The operating profit percentage was at 0.7 % (EBIT: 0.5 mDKK), while net earnings were 745 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 26.9 %, 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. SVENDBORG FORSYNINGSSERVICE A/S's liquidity measured by quick ratio was 2.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 50.74 | 52.09 | 57.59 | 61.19 | 64.34 |
Gross profit | 11.86 | 11.29 | 11.75 | 10.52 | 11.83 |
EBIT | 1.31 | 2.40 | 2.07 | 0.96 | 0.46 |
Net earnings | 0.50 | 1.26 | 1.17 | 0.27 | 0.74 |
Shareholders equity total | 4.12 | 5.38 | 6.55 | 6.82 | 7.56 |
Balance sheet total (assets) | 42.02 | 48.01 | 42.58 | 35.54 | 43.45 |
Net debt | 16.31 | 21.65 | |||
Profitability | |||||
EBIT-% | 2.6 % | 4.6 % | 3.6 % | 1.6 % | 0.7 % |
ROA | 3.0 % | 5.3 % | 4.6 % | 3.4 % | 4.0 % |
ROE | 13.0 % | 26.5 % | 19.7 % | 4.0 % | 10.4 % |
ROI | 3.4 % | 5.3 % | 4.6 % | 3.4 % | 3.5 % |
Economic value added (EVA) | 0.55 | 2.19 | 1.80 | 0.42 | -0.51 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 24.1 % | 26.9 % |
Gearing | 282.5 % | 333.9 % | |||
Relative net indebtedness % | 28.9 % | 25.4 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 2.4 | |||
Current ratio | 1.2 | 2.4 | |||
Cash and cash equivalents | 2.95 | 3.60 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.4 | 1.6 | |||
Net working capital % | 1.4 % | 9.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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