SOLRØD MØBEL - OG MASKINSNEDKERI A/S — Credit Rating and Financial Key Figures

CVR number: 67271211
Lerbækvej 2, 2680 Solrød Strand
post@solrodmobel.dk
tel: 56140244

Credit rating

Company information

Official name
SOLRØD MØBEL - OG MASKINSNEDKERI A/S
Personnel
17 persons
Established
1981
Company form
Limited company
Industry
  • Expand more icon310000

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 623.915 763.997 111.927 680.916 917.70
EBIT- 515.73147.69469.8094.95- 185.84
Net earnings- 429.4590.60342.5655.44- 299.90
Shareholders equity total4 519.994 610.604 953.165 008.604 708.70
Balance sheet total (assets)7 109.868 325.137 640.927 367.026 572.75
Net debt- 211.69241.90134.58169.33294.90
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)- 610.94-79.16140.77- 150.80- 497.51
Solvency
Equity ratio63.6 %55.4 %64.8 %68.0 %71.6 %
Gearing10.4 %8.2 %7.0 %6.9 %7.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.21.41.41.2
Current ratio1.51.31.71.81.7
Cash and cash equivalents681.49137.13210.64176.2557.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-2.67%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.6%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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