C. T. SOLBORG ApS

CVR number: 77446214
Nørrebrogade 42, 2200 København N
tel: 35390268

Credit rating

Company information

Official name
C. T. SOLBORG ApS
Personnel
2 persons
Established
1985
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About C. T. SOLBORG ApS

C. T. SOLBORG ApS (CVR number: 77446214) is a company from KØBENHAVN. The company recorded a gross profit of 322.9 kDKK in 2023. The operating profit was -592.3 kDKK, while net earnings were -558.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.3 %, which can be considered poor and Return on Equity (ROE) was -118.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. C. T. SOLBORG 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit747.641 063.22608.47933.71322.91
EBIT-78.21252.05- 199.92109.52- 592.33
Net earnings- 137.38122.81- 236.581.24- 558.34
Shareholders equity total863.29986.10749.53750.77192.43
Balance sheet total (assets)4 692.754 796.674 831.115 171.505 258.70
Net debt3 523.893 400.653 787.314 131.854 586.64
Profitability
EBIT-%
ROA-1.6 %5.4 %-4.1 %2.3 %-11.3 %
ROE-14.7 %13.3 %-27.3 %0.2 %-118.4 %
ROI-1.7 %5.7 %-4.4 %2.4 %-12.1 %
Economic value added (EVA)- 107.54155.24- 202.9273.36- 497.93
Solvency
Equity ratio18.4 %20.6 %15.5 %14.5 %3.7 %
Gearing413.9 %350.6 %509.3 %555.1 %2433.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.1
Current ratio1.11.21.11.11.0
Cash and cash equivalents49.0756.8229.9536.0095.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-11.3%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.66%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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