M. H. SOLBJERG ApS — Credit Rating and Financial Key Figures

CVR number: 21504297
Bøgekildevej 36, 8361 Hasselager

Credit rating

Company information

Official name
M. H. SOLBJERG ApS
Established
1998
Company form
Private limited company
Industry

About M. H. SOLBJERG ApS

M. H. SOLBJERG ApS (CVR number: 21504297) is a company from AARHUS. The company recorded a gross profit of -85.2 kDKK in 2024. The operating profit was -85.2 kDKK, while net earnings were -1530.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.7 %, which can be considered poor and Return on Equity (ROE) was -8.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M. H. SOLBJERG ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-19.69-19.63-19.79- 136.61-85.19
EBIT-19.69-19.63-19.79- 136.61-85.19
Net earnings1 275.571 693.111 389.89500.04-1 530.59
Shareholders equity total18 202.2119 729.4320 949.8121 278.2516 570.96
Balance sheet total (assets)21 331.4721 883.0422 986.1622 910.4616 570.96
Net debt-59.55-66.99-68.17-85.53-1 410.41
Profitability
EBIT-%
ROA7.2 %8.2 %6.5 %2.5 %-7.7 %
ROE7.2 %8.9 %6.8 %2.4 %-8.1 %
ROI7.9 %9.4 %7.2 %2.7 %-8.0 %
Economic value added (EVA)- 337.06-63.59-39.79- 117.86-3.74
Solvency
Equity ratio85.3 %90.2 %91.1 %92.9 %100.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.21.81.61.6
Current ratio1.21.81.61.6
Cash and cash equivalents59.5566.9968.1785.531 410.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAABBB

Variable visualization

ROA:-7.67%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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