Svane Køkkenet Midtjylland A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Svane Køkkenet Midtjylland A/S
Svane Køkkenet Midtjylland A/S (CVR number: 42678368K) is a company from AARHUS. The company recorded a gross profit of 47.6 mDKK in 2024. The operating profit was 681.6 kDKK, while net earnings were -1843.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was -11.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.8 %, 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. Svane Køkkenet Midtjylland A/S's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 47 282.00 | 40 107.07 | 47 574.39 |
EBIT | 3 441.00 | - 473.27 | 681.64 |
Net earnings | 1 183.00 | -1 929.41 | -1 843.89 |
Shareholders equity total | 22 683.00 | 17 153.54 | 15 309.65 |
Balance sheet total (assets) | 69 552.00 | 53 184.36 | 69 287.24 |
Net debt | 18 739.72 | 33 734.27 | |
Profitability | |||
EBIT-% | |||
ROA | -0.6 % | 1.3 % | |
ROE | -9.7 % | -11.4 % | |
ROI | -0.6 % | 1.9 % | |
Economic value added (EVA) | 3 441.00 | -1 757.52 | - 945.32 |
Solvency | |||
Equity ratio | 34.9 % | 23.8 % | |
Gearing | 111.1 % | 220.5 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.9 | 0.7 | |
Current ratio | 0.8 | 0.7 | |
Cash and cash equivalents | 314.61 | 17.20 | |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BBB |
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