SØLUND, SKAGEN INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 31575109
Kliplevvej 12, 8600 Silkeborg

Credit rating

Company information

Official name
SØLUND, SKAGEN INVEST ApS
Established
2008
Company form
Private limited company
Industry

About SØLUND, SKAGEN INVEST ApS

SØLUND, SKAGEN INVEST ApS (CVR number: 31575109) is a company from SILKEBORG. The company recorded a gross profit of 746.7 kDKK in 2023. The operating profit was 196.7 kDKK, while net earnings were -234.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -11.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.6 %, 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. SØLUND, SKAGEN INVEST ApS's liquidity measured by quick ratio was 0.2 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 profit608.14655.75655.75848.59746.75
EBIT285.44704.75704.752 002.09196.75
Net earnings-3.74775.10775.102 188.85- 234.56
Shareholders equity total-1 772.07- 996.97- 996.971 191.882 957.33
Balance sheet total (assets)12 376.3712 573.9512 573.9513 527.1913 061.57
Net debt13 811.8212 909.5212 909.5211 151.559 273.27
Profitability
EBIT-%
ROA1.8 %6.7 %6.8 %25.8 %1.5 %
ROE-0.0 %6.2 %6.2 %31.8 %-11.3 %
ROI1.9 %6.8 %6.9 %26.3 %1.5 %
Economic value added (EVA)39.30503.21483.301 240.37- 326.61
Solvency
Equity ratio-12.6 %-7.4 %-7.3 %8.8 %22.6 %
Gearing-780.0 %-1308.0 %-1308.0 %941.1 %316.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.00.00.2
Current ratio0.10.10.00.00.2
Cash and cash equivalents9.77130.49130.4965.3590.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:1.48%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.6%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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