SVANE DESIGN A/S — Credit Rating and Financial Key Figures

CVR number: 31619181
Ferren Syd 144, 9492 Blokhus
tel: 46385077

Credit rating

Company information

Official name
SVANE DESIGN A/S
Personnel
4 persons
Established
2008
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About SVANE DESIGN A/S

SVANE DESIGN A/S (CVR number: 31619181) is a company from JAMMERBUGT. The company recorded a gross profit of 2045.1 kDKK in 2023. The operating profit was 157.1 kDKK, while net earnings were 243.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 79.2 %, 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. SVANE DESIGN A/S's liquidity measured by quick ratio was 3.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 239.003 879.004 491.003 619.002 045.09
EBIT1 700.001 842.002 171.001 314.00157.09
Net earnings1 305.001 411.001 721.00736.00243.85
Shareholders equity total5 479.006 835.008 499.009 179.009 363.74
Balance sheet total (assets)8 670.0014 712.0013 719.0012 245.0011 820.18
Net debt-3 463.00-7 312.00-4 306.00-2 445.00-3 955.60
Profitability
EBIT-%
ROA21.3 %15.8 %16.0 %10.1 %2.8 %
ROE26.9 %22.9 %22.4 %8.3 %2.6 %
ROI31.8 %28.5 %27.9 %14.0 %3.4 %
Economic value added (EVA)1 301.591 457.141 830.64940.56-96.78
Solvency
Equity ratio63.2 %46.5 %62.0 %75.0 %79.2 %
Gearing5.3 %6.9 %5.9 %5.7 %5.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.71.92.43.2
Current ratio2.81.82.23.44.1
Cash and cash equivalents3 754.007 783.004 809.002 970.004 497.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:2.80%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.2%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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