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DANSK SOLVARME ApS

CVR number: 30564294
Hjørringvej 184, 9400 Nørresundby

Credit rating

Company information

Official name
DANSK SOLVARME ApS
Established
2007
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

DANSK SOLVARME ApS (CVR number: 30564294) is a company from AALBORG. The company recorded a gross profit of 36.7 kDKK in 2022. The operating profit was 36.7 kDKK, while net earnings were -10 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -34.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 2.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DANSK SOLVARME ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit- 641.20- 101.2154.83736.3336.71
EBIT- 660.10- 120.1233.75736.3336.71
Net earnings- 553.55- 142.77-21.63574.12-10.04
Shareholders equity total- 375.86- 518.64- 540.2633.8623.82
Balance sheet total (assets)3 439.713 900.093 250.823 230.83821.47
Net debt3 726.654 293.803 673.322 999.13282.59
Profitability
EBIT-%
ROA-16.2 %-2.9 %0.8 %21.0 %1.8 %
ROE-30.6 %-3.9 %-0.6 %35.0 %-34.8 %
ROI-16.7 %-3.0 %0.8 %21.9 %2.0 %
Economic value added (EVA)- 606.92- 155.45-23.92578.4824.81
Solvency
Equity ratio-9.9 %-11.7 %-14.3 %1.0 %2.9 %
Gearing-991.5 %-827.9 %-679.9 %8884.0 %2449.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.40.90.7
Current ratio0.70.70.61.01.0
Cash and cash equivalents0.090.090.098.98300.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:1.83%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Equity ratio:2.90%
Rating: 4/100
-1%
21%
50%
81%
99%
100%

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-07-12T11:31:12.749Z

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