Credit rating
Company information
About SWIPBOX INTERNATIONAL A/S
SWIPBOX INTERNATIONAL A/S (CVR number: 36478551) is a company from SØNDERBORG. The company recorded a gross profit of 84.6 mDKK in 2023. The operating profit was 37.7 mDKK, while net earnings were 38.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 22.4 %, which can be considered excellent and Return on Equity (ROE) was 27.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.9 %, 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. SWIPBOX INTERNATIONAL A/S's liquidity measured by quick ratio was 2.1 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 | 16 541.30 | 22 889.76 | 92 496.00 | 125 120.00 | 84 567.00 |
EBIT | -7 910.14 | -12 758.93 | 56 686.00 | 82 023.00 | 37 660.00 |
Net earnings | -10 267.33 | -12 131.87 | 57 139.00 | 74 151.00 | 38 410.00 |
Shareholders equity total | 10 896.65 | - 971.31 | 66 713.00 | 140 947.00 | 140 586.00 |
Balance sheet total (assets) | 67 458.94 | 63 513.78 | 141 979.00 | 217 200.00 | 209 341.00 |
Net debt | 37 291.44 | 34 967.12 | 23 229.00 | -10 838.00 | |
Profitability | |||||
EBIT-% | |||||
ROA | -18.0 % | -15.5 % | 54.9 % | 52.4 % | 22.4 % |
ROE | -137.6 % | -32.6 % | 87.8 % | 71.4 % | 27.3 % |
ROI | -20.9 % | -19.3 % | 59.3 % | 57.6 % | 26.1 % |
Economic value added (EVA) | -7 878.40 | -12 136.67 | 58 270.68 | 60 507.53 | 25 135.70 |
Solvency | |||||
Equity ratio | 16.2 % | -1.5 % | 100.0 % | 65.1 % | 67.9 % |
Gearing | 362.1 % | -4204.9 % | 20.6 % | 23.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.3 | 2.3 | 2.1 | |
Current ratio | 0.6 | 0.4 | 2.8 | 2.6 | |
Cash and cash equivalents | 2 168.89 | 5 875.63 | 5 791.00 | 43 327.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | A | AAA |
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