SVARRER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SVARRER ApS
SVARRER ApS (CVR number: 26700639) is a company from KØBENHAVN. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -10 % compared to the previous year. The operating profit percentage was at 51.2 % (EBIT: 0.3 mDKK), while net earnings were 214.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good and Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 77.7 %, 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. SVARRER ApS's liquidity measured by quick ratio was 2.3 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 008.52 | 791.91 | 713.62 | 594.89 | 535.49 |
Gross profit | 426.48 | 444.24 | 309.47 | 339.76 | 274.17 |
EBIT | 58.36 | 82.98 | 291.89 | 302.13 | 274.17 |
Net earnings | 38.61 | 58.78 | 266.20 | 62.44 | 214.26 |
Shareholders equity total | 1 131.56 | 1 190.34 | 1 456.53 | 1 518.97 | 1 733.23 |
Balance sheet total (assets) | 1 559.66 | 2 002.59 | 2 334.13 | 1 987.97 | 2 230.27 |
Net debt | - 891.35 | - 248.60 | - 176.80 | - 387.43 | - 487.79 |
Profitability | |||||
EBIT-% | 5.8 % | 10.5 % | 40.9 % | 50.8 % | 51.2 % |
ROA | 3.6 % | 4.7 % | 16.0 % | 36.4 % | 13.1 % |
ROE | 3.5 % | 5.1 % | 20.1 % | 4.2 % | 13.2 % |
ROI | 4.6 % | 5.8 % | 19.2 % | 4.4 % | 13.9 % |
Economic value added (EVA) | 26.26 | 58.99 | 198.33 | 200.12 | 175.58 |
Solvency | |||||
Equity ratio | 72.6 % | 59.4 % | 62.4 % | 76.4 % | 77.7 % |
Gearing | 15.6 % | 32.0 % | 40.3 % | 24.4 % | 20.8 % |
Relative net indebtedness % | -63.4 % | 23.0 % | 15.9 % | -48.5 % | -65.7 % |
Liquidity | |||||
Quick ratio | 2.8 | 0.8 | 1.1 | 1.9 | 2.3 |
Current ratio | 2.8 | 0.8 | 1.1 | 1.9 | 2.3 |
Cash and cash equivalents | 1 067.59 | 630.04 | 764.15 | 757.34 | 848.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 51.4 | 10.4 | 77.4 | 62.9 | 25.6 |
Net working capital % | 77.5 % | -20.2 % | 7.1 % | 72.4 % | 120.4 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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