SOLRØD FORSYNING HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 33047312
Fasanvej 18, 2680 Solrød Strand
klar@klarforsyning.dk
tel: 56652222
klarforsyning.dk

Credit rating

Company information

Official name
SOLRØD FORSYNING HOLDING A/S
Established
2010
Company form
Limited company
Industry

About SOLRØD FORSYNING HOLDING A/S

SOLRØD FORSYNING HOLDING A/S (CVR number: 33047312) is a company from SOLRØD. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 10.5 % compared to the previous year. The operating profit percentage was at 65.3 % (EBIT: 0.2 mDKK), while net earnings were 4236 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SOLRØD FORSYNING HOLDING A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales201.00205.00821.00237.00262.00
Gross profit201.00205.00821.00237.00262.00
EBIT84.00102.00714.00151.00171.00
Net earnings8 101.0011 093.007 577.009 628.004 236.00
Shareholders equity total266 388.00276 395.00284 771.00296 664.00300 647.00
Balance sheet total (assets)269 868.00280 726.00288 683.00299 170.00302 986.00
Net debt2 976.002 876.002 195.002 185.002 030.00
Profitability
EBIT-%41.8 %49.8 %87.0 %63.7 %65.3 %
ROA3.0 %4.1 %2.7 %3.3 %1.4 %
ROE3.1 %4.1 %2.7 %3.3 %1.4 %
ROI3.0 %4.1 %2.8 %3.3 %1.4 %
Economic value added (EVA)10 799.4711 066.012 638.972 596.403 207.33
Solvency
Equity ratio98.7 %98.5 %98.6 %99.2 %99.2 %
Gearing1.2 %1.1 %0.9 %0.8 %0.7 %
Relative net indebtedness %1574.1 %1982.9 %442.4 %995.4 %842.4 %
Liquidity
Quick ratio0.50.81.01.00.9
Current ratio0.50.81.01.00.9
Cash and cash equivalents316.00266.00280.00147.00132.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-220.4 %-191.7 %-1.0 %-0.4 %-9.2 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:1.44%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 88/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Board member
Chief executive officer
Board member
Board member
Board member
Board member
Board member

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