SWINGTIME HOLDING ApS

CVR number: 29608741
George Marshalls Vej 21, 2450 København SV
info@swingtime.dk
tel: 22734865
www.swingtime.dk

Credit rating

Company information

Official name
SWINGTIME HOLDING ApS
Established
2006
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About SWINGTIME HOLDING ApS

SWINGTIME HOLDING ApS (CVR number: 29608741) is a company from KØBENHAVN. The company reported a net sales of -0.1 mDKK in 2023, demonstrating a decline of -245.7 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were -126.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.8 %, which can be considered poor and Return on Equity (ROE) was -21.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SWINGTIME HOLDING ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales16.38- 221.20148.3281.64- 118.96
Gross profit8.55- 229.15139.3272.33- 128.27
EBIT8.55- 229.15139.3272.33- 128.27
Net earnings24.04- 223.55144.4673.08- 126.29
Shareholders equity total795.73519.68664.14680.01494.82
Balance sheet total (assets)948.74731.75683.44725.05555.17
Net debt125.88180.75-11.32-0.4645.72
Profitability
EBIT-%52.2 %93.9 %88.6 %
ROA2.7 %-25.6 %20.3 %10.7 %-19.8 %
ROE3.0 %-34.0 %24.4 %10.9 %-21.5 %
ROI2.8 %-25.8 %20.5 %11.0 %-20.5 %
Economic value added (EVA)18.50- 212.13148.2790.70- 104.34
Solvency
Equity ratio83.9 %71.0 %97.2 %93.8 %89.1 %
Gearing18.4 %39.6 %1.8 %1.4 %10.9 %
Relative net indebtedness %806.8 %-84.5 %-2.7 %43.1 %-43.7 %
Liquidity
Quick ratio2.01.56.31.80.5
Current ratio2.01.56.31.80.5
Cash and cash equivalents20.8825.0723.369.878.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %980.4 %-47.8 %68.7 %44.2 %25.3 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-19.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.1%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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