SOLKÆR MURERFORRETNING ApS — Credit Rating and Financial Key Figures

CVR number: 29847150
Kærvej 88, 8722 Hedensted

Credit rating

Company information

Official name
SOLKÆR MURERFORRETNING ApS
Personnel
8 persons
Established
2006
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About SOLKÆR MURERFORRETNING ApS

SOLKÆR MURERFORRETNING ApS (CVR number: 29847150) is a company from HEDENSTED. The company recorded a gross profit of 2732.1 kDKK in 2023. The operating profit was 267.9 kDKK, while net earnings were 203.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 64.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SOLKÆR MURERFORRETNING ApS's liquidity measured by quick ratio was 2.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit3 677.542 846.762 816.032 884.422 732.10
EBIT110.42678.09117.92480.75267.88
Net earnings53.40509.7268.79363.70203.53
Shareholders equity total1 531.162 040.872 109.662 473.362 576.90
Balance sheet total (assets)2 897.693 258.642 881.323 056.923 987.90
Net debt-1 302.74-1 740.08-1 749.27-2 077.24-1 385.23
Profitability
EBIT-%
ROA3.4 %22.0 %3.8 %16.2 %7.7 %
ROE3.5 %28.5 %3.3 %15.9 %8.1 %
ROI7.3 %38.0 %5.7 %20.8 %10.4 %
Economic value added (EVA)60.34517.4970.27362.16191.71
Solvency
Equity ratio52.8 %62.6 %73.2 %80.9 %64.6 %
Gearing1.8 %4.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.93.55.12.8
Current ratio2.02.93.65.12.8
Cash and cash equivalents1 302.741 740.081 749.272 122.581 501.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.67%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.6%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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