SØLVSTEN BILER A/S — Credit Rating and Financial Key Figures

CVR number: 27365698
Lundborgvej 12 C, 8800 Viborg
kontakt@soelvsten.dk
tel: 87255100

Credit rating

Company information

Official name
SØLVSTEN BILER A/S
Personnel
109 persons
Established
2003
Company form
Limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About SØLVSTEN BILER A/S

SØLVSTEN BILER A/S (CVR number: 27365698) is a company from VIBORG. The company recorded a gross profit of 39.3 mDKK in 2024. The operating profit was -5652.9 kDKK, while net earnings were -6844.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -25.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.4 %, 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. SØLVSTEN BILER A/S's liquidity measured by quick ratio was 0.8 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 sales
Gross profit32 799.0335 350.6940 665.4039 307.3939 267.72
EBIT4 710.195 386.306 536.82-5 476.19-5 652.94
Net earnings2 299.153 405.164 409.65-6 646.49-6 844.05
Shareholders equity total32 570.1435 975.3040 384.9530 738.4723 894.41
Balance sheet total (assets)86 906.0686 792.69106 630.88133 310.9990 339.84
Net debt26 788.7019 661.4844 247.9877 007.4848 686.67
Profitability
EBIT-%
ROA5.9 %6.5 %7.0 %-3.8 %-4.3 %
ROE7.3 %9.9 %11.5 %-18.7 %-25.1 %
ROI7.0 %8.3 %8.6 %-4.5 %-5.1 %
Economic value added (EVA)2 123.862 548.413 255.48-6 325.50-5 964.46
Solvency
Equity ratio37.9 %42.7 %38.1 %23.1 %26.4 %
Gearing82.4 %54.8 %109.6 %251.1 %204.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.60.60.60.8
Current ratio1.41.51.41.21.2
Cash and cash equivalents47.9962.2510.55176.4752.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-4.28%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.4%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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