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Company/VAT no/Free text Country/City/Municipality

TURNOVER (x1000 DKK)

NET PROFIT (x1000 DKK)

EMPLOYEES

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The Switch Marine Drives Norway AS

Closing information (x1000 DKK)

Closing information 2020/02 2019/02 2018/02
Turnover 61,647 More Arrow 73,487 Less Arrow 27,359
Financial expenses 2,808 Less Arrow 1,239 More Arrow 1,650
Earnings before taxes -21,836 More Arrow -15,613 Less Arrow -22,609
Total assets 52,449 More Arrow 110,193 Less Arrow 59,712
Current assets 32,845 More Arrow 72,365 Less Arrow 23,536
Current liabilities 14,016 More Arrow 32,130 Less Arrow 10,004
Equity capital -5,737 More Arrow 27,720 More Arrow 33,117
- share capital 10,775 More Arrow 11,507 More Arrow 11,617
Employees (average) 28 20
Shareholders 1 1 1

Financial ratios

Fiscal year 2020/02 2019/02 2018/02
Solvency -10.9% More Arrow 25.2% More Arrow 55.5%
Turnover per employee 2,202 1,368
Profit as a percentage of turnover -35.4% More Arrow -21.2% Less Arrow -82.6%
Return on assets (ROA) -36.3% More Arrow -13.0% Less Arrow -35.1%
Current ratio 234.3% Less Arrow 225.2% More Arrow 235.3%
Return on equity (ROE) 380.6% Less Arrow -56.3% Less Arrow -68.3%
Change turnover -7,164 More Arrow 46,385 Less Arrow 23,540
Change turnover % -10% More Arrow 171% More Arrow 616%
Chg. No. of employees 3
Chg. No. of employees % 18%

Total value of public sale

Fiscal year 2020/02 2019/02 2018/02
Total value of public sale 0 Equal arrow 0 Equal arrow 0

Closing figures are converted to the currency above at the exchange rate of the closing date. Source for the exchange rates: Sveriges Riksbank

The closing information is gathered directly from the companies or from Creditsafe.