Swedish Connection ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Swedish Connection ApS
Swedish Connection ApS (CVR number: 37090131) is a company from KØBENHAVN. The company recorded a gross profit of -245.5 kDKK in 2021. The operating profit was -248.7 kDKK, while net earnings were -195.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -9.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Swedish Connection ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 255.17 | - 198.44 | - 208.32 | - 400.01 | - 245.54 |
EBIT | - 259.22 | - 203.84 | - 213.72 | - 405.42 | - 248.69 |
Net earnings | -6 221.07 | - 211.20 | - 117.40 | - 137.66 | - 195.24 |
Shareholders equity total | 223.61 | 154.71 | 86.17 | 83.51 | - 111.73 |
Balance sheet total (assets) | 247.24 | 185.79 | 1 615.51 | 4 410.72 | 3 922.56 |
Net debt | -74.49 | -33.17 | 994.99 | 2 727.18 | 3 254.56 |
Profitability | |||||
EBIT-% | |||||
ROA | 230.3 % | -94.1 % | -12.9 % | -6.5 % | -4.0 % |
ROE | -4637.4 % | -111.7 % | -97.5 % | -162.3 % | -9.7 % |
ROI | -252.6 % | -107.4 % | -13.4 % | -6.5 % | -4.0 % |
Economic value added (EVA) | -41.37 | - 176.93 | - 219.18 | - 251.86 | - 174.24 |
Solvency | |||||
Equity ratio | 90.4 % | 83.3 % | 5.3 % | 1.9 % | -2.8 % |
Gearing | 1740.8 % | 5140.0 % | -3583.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.7 | 5.5 | 17.5 | 13.4 | 1.9 |
Current ratio | 9.7 | 5.5 | 17.5 | 13.4 | 1.9 |
Cash and cash equivalents | 74.49 | 33.17 | 505.01 | 1 565.07 | 749.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BBB |
Variable visualization
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