Solbjerghovedgaard ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Solbjerghovedgaard ApS
Solbjerghovedgaard ApS (CVR number: 32365949K) is a company from HJØRRING. The company recorded a gross profit of 167.3 mDKK in 2023. The operating profit was 40.1 mDKK, while net earnings were 13.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 24.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Solbjerghovedgaard ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 131 645.03 | 140 799.65 | 155 645.00 | 157 015.00 | 167 333.96 |
EBIT | 29 775.37 | 27 679.81 | 35 260.00 | 41 030.00 | 40 093.90 |
Net earnings | 15 702.18 | 13 081.78 | 19 645.00 | 24 071.00 | 13 470.77 |
Shareholders equity total | 78 938.90 | 88 020.68 | 99 893.00 | 119 963.00 | 164 266.75 |
Balance sheet total (assets) | 334 132.05 | 405 499.13 | 465 994.00 | 535 438.00 | 681 822.76 |
Net debt | 118 647.13 | 146 344.79 | 143 595.00 | 150 766.00 | 244 363.42 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.4 % | 7.6 % | 8.4 % | 8.8 % | 6.7 % |
ROE | 22.1 % | 15.7 % | 20.9 % | 21.9 % | 9.5 % |
ROI | 10.7 % | 9.1 % | 10.1 % | 10.4 % | 7.5 % |
Economic value added (EVA) | 17 518.71 | 15 611.01 | 19 655.43 | 24 145.16 | 21 290.35 |
Solvency | |||||
Equity ratio | 23.6 % | 21.7 % | 21.4 % | 22.4 % | 24.1 % |
Gearing | 150.6 % | 167.0 % | 144.3 % | 131.7 % | 148.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 |
Current ratio | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 |
Cash and cash equivalents | 203.97 | 630.88 | 524.00 | 7 214.00 | 257.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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