Swire Renewable Energy A/S — Credit Rating and Financial Key Figures

CVR number: 36445874
Lyshøjen 4, 8520 Lystrup

Credit rating

Company information

Official name
Swire Renewable Energy A/S
Personnel
228 persons
Established
2014
Company form
Limited company
Industry

About Swire Renewable Energy A/S

Swire Renewable Energy A/S (CVR number: 36445874K) is a company from AARHUS. The company reported a net sales of 490.1 mDKK in 2024, demonstrating a growth of 17.5 % compared to the previous year. The operating profit percentage was poor at -20.8 % (EBIT: -101.7 mDKK), while net earnings were -124.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -31.5 %, which can be considered poor and Return on Equity (ROE) was -70.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Swire Renewable Energy A/S's liquidity measured by quick ratio was 2.6 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales298.96223.92344.77417.05490.10
Gross profit298.96223.92344.77166.16120.02
EBIT-31.18-25.11- 127.73-6.06- 101.73
Net earnings-36.14-46.93- 136.82-25.91- 124.90
Shareholders equity total31.05-15.83-82.91144.94210.89
Balance sheet total (assets)180.42178.08138.04286.50324.27
Net debt35.11-36.27
Profitability
EBIT-%-1.5 %-20.8 %
ROA-2.0 %-31.5 %
ROE-83.6 %-70.4 %
ROI-2.2 %-39.8 %
Economic value added (EVA)-31.18-26.67- 126.93-0.14- 117.35
Solvency
Equity ratio50.6 %65.0 %
Gearing53.6 %6.0 %
Relative net indebtedness %23.3 %7.5 %
Liquidity
Quick ratio1.52.6
Current ratio1.52.8
Cash and cash equivalents42.5849.00
Capital use efficiency
Trade debtors turnover (days)112.295.6
Net working capital %15.5 %25.9 %
Credit risk
Credit ratingABBB

Variable visualization

ROA:-31.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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