SOLBAK HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34717656
Torngårdsvej 46, 9440 Aabybro

Credit rating

Company information

Official name
SOLBAK HOLDING ApS
Established
2012
Company form
Private limited company
Industry

About SOLBAK HOLDING ApS

SOLBAK HOLDING ApS (CVR number: 34717656) is a company from JAMMERBUGT. The company recorded a gross profit of -6 kDKK in 2024. The operating profit was -6 kDKK, while net earnings were 395.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.1 %, which can be considered excellent and Return on Equity (ROE) was 45.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SOLBAK HOLDING ApS's liquidity measured by quick ratio was 0.6 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
2020
2021
2022
2023
2024
Volume
Net sales177.40
Gross profit171.59-6.25-6.88-5.63-6.04
EBIT171.59-6.25-6.88-5.63-6.04
Net earnings177.45111.78274.5667.53395.61
Shareholders equity total218.81330.59605.15672.681 068.30
Balance sheet total (assets)313.31465.51734.80763.391 258.81
Net debt10.585.6787.07
Profitability
EBIT-%96.7 %
ROA81.2 %29.2 %45.9 %9.4 %40.1 %
ROE136.4 %40.7 %58.7 %10.6 %45.4 %
ROI121.0 %41.4 %58.2 %10.9 %44.3 %
Economic value added (EVA)180.824.9510.9726.3930.20
Solvency
Equity ratio69.8 %71.0 %82.4 %88.1 %84.9 %
Gearing1.7 %0.8 %8.2 %
Relative net indebtedness %53.3 %
Liquidity
Quick ratio0.70.70.60.40.6
Current ratio0.70.70.60.40.6
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-18.5 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:40.1%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.9%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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