SOLBAKKE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32271669
Grostedet 2, Diernæs 5600 Faaborg
tel: 28831666

Credit rating

Company information

Official name
SOLBAKKE HOLDING ApS
Established
2009
Domicile
Diernæs
Company form
Private limited company
Industry

About SOLBAKKE HOLDING ApS

SOLBAKKE HOLDING ApS (CVR number: 32271669) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -29 kDKK in 2023. The operating profit was -29 kDKK, while net earnings were 146.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SOLBAKKE HOLDING ApS's liquidity measured by quick ratio was 16.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-28.25-11.71-21.23-19.66-28.96
EBIT-28.25-11.71-21.23-19.66-28.96
Net earnings313.1245.79212.02- 281.36146.80
Shareholders equity total3 761.543 752.033 907.553 568.992 665.79
Balance sheet total (assets)3 823.853 778.103 968.993 646.052 834.67
Net debt-3 673.21-3 772.98-3 968.00-3 556.32-2 761.99
Profitability
EBIT-%
ROA9.4 %1.8 %7.2 %1.0 %5.8 %
ROE7.8 %1.2 %5.5 %-7.5 %4.7 %
ROI9.5 %1.8 %7.3 %1.0 %6.1 %
Economic value added (EVA)-19.30-7.83-14.26-12.60-23.22
Solvency
Equity ratio98.4 %99.3 %98.5 %97.9 %94.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio60.1144.964.647.316.8
Current ratio60.1144.964.647.316.8
Cash and cash equivalents3 673.213 772.983 968.003 556.322 761.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:5.84%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.0%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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