Svingel Holding ApS — Credit Rating and Financial Key Figures

CVR number: 41102608
Svingelvej 4, 6980 Tim

Credit rating

Company information

Official name
Svingel Holding ApS
Established
2019
Company form
Private limited company
Industry

About Svingel Holding ApS

Svingel Holding ApS (CVR number: 41102608) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -56.2 kDKK in 2024. The operating profit was -56.2 kDKK, while net earnings were 430.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good but Return on Equity (ROE) was 19.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.1 %, 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. Svingel Holding ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-3.66-12.65-8.32-8.74-56.18
EBIT-20.14-12.65-8.32-8.74-56.18
Net earnings786.28516.96- 482.90529.73430.36
Shareholders equity total1 493.482 010.441 527.542 007.272 437.64
Balance sheet total (assets)2 923.703 487.282 930.963 446.913 925.20
Net debt259.06294.98313.85248.521 446.60
Profitability
EBIT-%
ROA27.5 %17.9 %-13.2 %18.3 %11.3 %
ROE52.6 %29.5 %-27.3 %30.0 %19.4 %
ROI44.5 %27.8 %-20.2 %28.3 %13.6 %
Economic value added (EVA)-20.14- 103.21- 125.48- 102.80- 157.66
Solvency
Equity ratio51.1 %57.7 %52.1 %58.2 %62.1 %
Gearing20.7 %16.0 %22.5 %12.9 %59.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents49.6826.1130.579.710.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.3%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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