Swedish Connection ApS — Credit Rating and Financial Key Figures

CVR number: 37090131
Ryesgade 30 D, 2200 København N
scc@whx.dk
tel: 22532700
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Credit rating

Company information

Official name
Swedish Connection ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
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 total223.61154.7186.1783.51- 111.73
Balance sheet total (assets)247.24185.791 615.514 410.723 922.56
Net debt-74.49-33.17994.992 727.183 254.56
Profitability
EBIT-%
ROA230.3 %-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 ratio90.4 %83.3 %5.3 %1.9 %-2.8 %
Gearing1740.8 %5140.0 %-3583.3 %
Relative net indebtedness %
Liquidity
Quick ratio9.75.517.513.41.9
Current ratio9.75.517.513.41.9
Cash and cash equivalents74.4933.17505.011 565.07749.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-4.01%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-2.77%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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