DANSK SOLVARME ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSK SOLVARME ApS
DANSK SOLVARME ApS (CVR number: 30564294) is a company from AALBORG. The company recorded a gross profit of -171.7 kDKK in 2023. The operating profit was -177.4 kDKK, while net earnings were -155.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29 %, which can be considered poor and Return on Equity (ROE) was -106.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.7 %, 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. DANSK SOLVARME ApS's liquidity measured by quick ratio was 1.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 101.21 | 54.83 | 736.33 | 36.71 | - 171.72 |
EBIT | - 120.12 | 33.75 | 736.33 | 36.71 | - 177.39 |
Net earnings | - 142.77 | -21.63 | 574.12 | -10.04 | - 155.19 |
Shareholders equity total | - 518.64 | - 540.26 | 33.86 | 23.82 | 268.63 |
Balance sheet total (assets) | 3 900.09 | 3 250.82 | 3 230.83 | 821.47 | 402.95 |
Net debt | 4 293.80 | 3 673.32 | 2 999.13 | 282.59 | 61.13 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.9 % | 0.8 % | 21.0 % | 1.8 % | -29.0 % |
ROE | -3.9 % | -0.6 % | 35.0 % | -34.8 % | -106.1 % |
ROI | -3.0 % | 0.8 % | 21.9 % | 2.0 % | -35.9 % |
Economic value added (EVA) | - 155.45 | -23.92 | 578.48 | 24.81 | - 125.60 |
Solvency | |||||
Equity ratio | -11.7 % | -14.3 % | 1.0 % | 2.9 % | 66.7 % |
Gearing | -827.9 % | -679.9 % | 8884.0 % | 2449.7 % | 42.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.4 | 0.9 | 0.7 | 1.1 |
Current ratio | 0.7 | 0.6 | 1.0 | 1.0 | 2.8 |
Cash and cash equivalents | 0.09 | 0.09 | 8.98 | 300.91 | 51.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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