SOLRØD MØBEL - OG MASKINSNEDKERI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOLRØD MØBEL - OG MASKINSNEDKERI A/S
SOLRØD MØBEL - OG MASKINSNEDKERI A/S (CVR number: 67271211) is a company from SOLRØD. The company recorded a gross profit of 6917.7 kDKK in 2024. The operating profit was -185.8 kDKK, while net earnings were -299.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -6.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SOLRØD MØBEL - OG MASKINSNEDKERI A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 623.91 | 5 763.99 | 7 111.92 | 7 680.91 | 6 917.70 |
EBIT | - 515.73 | 147.69 | 469.80 | 94.95 | - 185.84 |
Net earnings | - 429.45 | 90.60 | 342.56 | 55.44 | - 299.90 |
Shareholders equity total | 4 519.99 | 4 610.60 | 4 953.16 | 5 008.60 | 4 708.70 |
Balance sheet total (assets) | 7 109.86 | 8 325.13 | 7 640.92 | 7 367.02 | 6 572.75 |
Net debt | - 211.69 | 241.90 | 134.58 | 169.33 | 294.90 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.4 % | 1.9 % | 5.9 % | 1.3 % | -2.7 % |
ROE | -9.1 % | 2.0 % | 7.2 % | 1.1 % | -6.2 % |
ROI | -9.6 % | 2.8 % | 8.8 % | 1.8 % | -3.6 % |
Economic value added (EVA) | - 610.94 | -79.16 | 140.77 | - 150.80 | - 497.51 |
Solvency | |||||
Equity ratio | 63.6 % | 55.4 % | 64.8 % | 68.0 % | 71.6 % |
Gearing | 10.4 % | 8.2 % | 7.0 % | 6.9 % | 7.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.4 | 1.4 | 1.2 |
Current ratio | 1.5 | 1.3 | 1.7 | 1.8 | 1.7 |
Cash and cash equivalents | 681.49 | 137.13 | 210.64 | 176.25 | 57.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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