Credit rating
Company information
About Serwent A/S
Serwent A/S (CVR number: 20839678) is a company from HVIDOVRE. The company recorded a gross profit of 43 mDKK in 2023. The operating profit was 4039.9 kDKK, while net earnings were -1697.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.5 %, 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. Serwent 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 52 418.82 | 38 816.23 | 37 561.72 | 36 817.86 | 42 982.18 |
EBIT | 8 368.75 | -2 469.91 | -2 481.89 | - 942.10 | 4 039.92 |
Net earnings | 6 247.40 | -2 695.27 | -2 788.58 | -2 843.98 | -1 697.84 |
Shareholders equity total | 47 740.21 | 45 044.94 | 42 256.36 | 39 412.39 | 37 714.54 |
Balance sheet total (assets) | 86 431.83 | 95 496.40 | 93 213.29 | 135 615.15 | 148 165.61 |
Net debt | -21 077.30 | -27 112.85 | -28 251.88 | 40 697.82 | 45 225.76 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.5 % | -2.7 % | -2.6 % | -0.8 % | 2.8 % |
ROE | 16.5 % | -5.8 % | -6.4 % | -7.0 % | -4.4 % |
ROI | 16.7 % | -3.3 % | -3.2 % | -1.0 % | 3.3 % |
Economic value added (EVA) | 5 387.10 | -3 215.46 | -2 268.50 | -1 098.28 | 6 927.93 |
Solvency | |||||
Equity ratio | 55.2 % | 47.2 % | 45.3 % | 29.1 % | 25.5 % |
Gearing | 3.8 % | 25.4 % | 16.2 % | 147.4 % | 164.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 1.8 | 2.0 | 2.1 | 2.4 |
Current ratio | 2.3 | 1.8 | 2.0 | 2.1 | 2.4 |
Cash and cash equivalents | 22 891.67 | 38 555.51 | 35 080.58 | 17 387.87 | 16 805.96 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | A | A |
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