SØLVASON ApS — Credit Rating and Financial Key Figures

CVR number: 27762204
Ridderhatten 13, Tornbjerg 5220 Odense SØ
thorsten@solvason.dk
tel: 23402952

Company information

Official name
SØLVASON ApS
Personnel
1 person
Established
2004
Domicile
Tornbjerg
Company form
Private limited company
Industry

About SØLVASON ApS

SØLVASON ApS (CVR number: 27762204) is a company from ODENSE. The company recorded a gross profit of 62 kDKK in 2024. The operating profit was 57.1 kDKK, while net earnings were 49.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 83 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØLVASON ApS's liquidity measured by quick ratio was 6.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit89.34106.63115.3397.1562.01
EBIT83.5796.18104.6085.9257.06
Net earnings61.6170.6076.0964.1749.43
Shareholders equity total546.01566.61592.70606.88606.31
Balance sheet total (assets)685.93694.97737.06737.45730.62
Net debt- 659.36- 663.17- 729.71- 725.27- 709.66
Profitability
EBIT-%
ROA12.9 %13.9 %14.6 %11.7 %9.3 %
ROE12.0 %12.7 %13.1 %10.7 %8.1 %
ROI16.2 %17.3 %18.0 %14.3 %11.2 %
Economic value added (EVA)69.6779.7386.2573.6749.83
Solvency
Equity ratio79.6 %81.5 %80.4 %82.3 %83.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.96.66.06.46.4
Current ratio4.96.66.06.46.4
Cash and cash equivalents659.36663.17729.71725.27709.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:9.27%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.0%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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