THING SVINEPRODUKTION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About THING SVINEPRODUKTION ApS
THING SVINEPRODUKTION ApS (CVR number: 32102417) is a company from Brønderslev. The company recorded a gross profit of -52.7 kDKK in 2021. The operating profit was -52.7 kDKK, while net earnings were -44.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.1 %, which can be considered poor and Return on Equity (ROE) was -27.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. THING SVINEPRODUKTION ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 146.64 | 45.74 | - 129.22 | 171.54 | -52.65 |
EBIT | 146.64 | 45.74 | - 129.22 | 171.54 | -52.65 |
Net earnings | 114.64 | 35.74 | - 148.12 | -13.05 | -44.05 |
Shareholders equity total | 309.69 | 345.43 | 197.32 | 184.27 | 140.21 |
Balance sheet total (assets) | 1 165.18 | 1 290.45 | 4 606.45 | 1 288.60 | 426.24 |
Net debt | -37.58 | - 178.41 | 2 238.58 | - 753.97 | - 371.48 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.8 % | 3.7 % | -4.4 % | 5.8 % | -6.1 % |
ROE | 45.4 % | 10.9 % | -54.6 % | -6.8 % | -27.2 % |
ROI | 50.9 % | 11.9 % | -8.9 % | 12.7 % | -31.5 % |
Economic value added (EVA) | 106.24 | 22.07 | - 109.07 | 30.85 | -14.20 |
Solvency | |||||
Equity ratio | 26.6 % | 26.8 % | 4.3 % | 14.3 % | 32.9 % |
Gearing | 1155.4 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 0.6 | 0.8 | 1.3 |
Current ratio | 1.4 | 1.4 | 1.9 | 1.1 | 1.3 |
Cash and cash equivalents | 37.58 | 178.41 | 41.31 | 753.97 | 371.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BBB | BB |
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