Solhøj DK Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Solhøj DK Holding ApS
Solhøj DK Holding ApS (CVR number: 38508954) is a company from LEJRE. The company recorded a gross profit of -23.8 kDKK in 2023. The operating profit was -23.8 kDKK, while net earnings were 883.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 25.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.5 %, 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. Solhøj DK Holding ApS's liquidity measured by quick ratio was 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.46 | -6.25 | -17.92 | -30.40 | -23.75 |
EBIT | -5.46 | -6.25 | -17.92 | -30.40 | -23.75 |
Net earnings | 1 149.04 | 1 827.73 | - 956.08 | - 661.00 | 883.94 |
Shareholders equity total | 3 292.00 | 4 655.78 | 3 699.69 | 3 038.69 | 3 922.63 |
Balance sheet total (assets) | 5 698.65 | 8 256.65 | 7 321.32 | 7 441.11 | 10 457.79 |
Net debt | 2 211.08 | 2 338.69 | 2 506.92 | 3 597.02 | 5 772.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 46.4 % | 36.1 % | -14.0 % | -10.7 % | 11.1 % |
ROE | 69.1 % | 46.0 % | -22.9 % | -19.6 % | 25.4 % |
ROI | 46.7 % | 37.0 % | -14.6 % | -11.0 % | 11.1 % |
Economic value added (EVA) | -1.60 | - 167.73 | 316.34 | 264.88 | 225.28 |
Solvency | |||||
Equity ratio | 57.8 % | 56.4 % | 50.5 % | 40.8 % | 37.5 % |
Gearing | 67.7 % | 50.6 % | 68.9 % | 122.2 % | 149.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.1 | 0.3 | 0.5 |
Current ratio | 0.1 | 0.1 | 0.1 | 0.3 | 0.5 |
Cash and cash equivalents | 17.42 | 17.31 | 40.47 | 117.40 | 75.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | A |
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