Solbjerghovedgaard ApS — Credit Rating and Financial Key Figures

CVR number: 32365949
Nørskovvej 179, Astrup 9800 Hjørring

Credit rating

Company information

Official name
Solbjerghovedgaard ApS
Personnel
7 persons
Established
2009
Domicile
Astrup
Company form
Private limited company
Industry

About Solbjerghovedgaard ApS

Solbjerghovedgaard ApS (CVR number: 32365949) is a company from HJØRRING. The company recorded a gross profit of 101.2 mDKK in 2023. The operating profit was 50.6 mDKK, while net earnings were 13.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, 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 30.4 %, 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 0.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit36 691.8940 352.2759 606.0067 787.00101 208.41
EBIT9 458.027 579.4213 880.0026 695.0050 634.08
Net earnings15 702.1813 081.7819 645.0024 071.0013 470.77
Shareholders equity total78 938.9088 020.6899 893.00119 963.00164 266.75
Balance sheet total (assets)265 385.36313 903.62388 303.00448 085.00540 447.63
Net debt103 174.55135 692.29151 540.00106 761.00179 422.99
Profitability
EBIT-%
ROA9.7 %7.3 %8.4 %9.1 %6.0 %
ROE22.1 %15.7 %20.9 %21.9 %9.5 %
ROI10.2 %8.0 %8.9 %9.9 %6.5 %
Economic value added (EVA)6 787.795 496.9410 699.3220 545.4946 567.44
Solvency
Equity ratio29.7 %28.0 %25.7 %29.0 %30.4 %
Gearing130.8 %154.2 %151.7 %94.1 %109.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.20.40.3
Current ratio0.30.20.20.30.3
Cash and cash equivalents43.687.155.006 179.00177.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:6.03%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.4%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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