Profiler builder with custom modules
In my experience, Profiler Builder has problem with modules, that are not full projects on drupal.org. I tried to use a module, that is hosted in GIT repository and the output was similar to yours. But it worked fine with drush generate-makefile, where generated output was like:


projects[svg][type] = "module"
projects[svg][download][type] = "git"
projects[svg][download][url] = "http://git.drupal.org/sandbox/josegaert/1511596.git"
projects[svg][download][branch] = "7.x-1.x-dev"
projects[svg][download][revision] = "04db94c4dc2bf5c8c9a2a0da5452c4a79d26d863"


I created an issue for Profiler Builder describing this at https://www.drupal.org/node/2479185. You may also want to look at https://www.drupal.org/project/make_local