Solrød Sol ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Solrød Sol ApS
Solrød Sol ApS (CVR number: 38310631) is a company from LOLLAND. The company recorded a gross profit of 1626.9 kDKK in 2024. The operating profit was 1.2 kDKK, while net earnings were -1.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Solrød Sol ApS's liquidity measured by quick ratio was 0.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 737.10 | 2 295.18 | 1 406.55 | 1 626.87 | |
EBIT | 35.62 | - 109.41 | 144.23 | - 181.21 | 1.22 |
Net earnings | 90.73 | 28.16 | 37.53 | - 183.42 | -1.38 |
Shareholders equity total | 80.27 | 108.42 | 145.96 | -39.58 | -40.96 |
Balance sheet total (assets) | 204.81 | 583.82 | 526.12 | 390.21 | 392.08 |
Net debt | -72.23 | - 368.29 | - 398.62 | - 130.21 | - 181.18 |
Profitability | |||||
EBIT-% | |||||
ROA | 49.0 % | 9.6 % | 26.0 % | -37.9 % | 0.3 % |
ROE | 75.5 % | 29.8 % | 29.5 % | -68.4 % | -0.4 % |
ROI | 229.3 % | 40.3 % | 113.4 % | -248.3 % | |
Economic value added (EVA) | 36.15 | - 113.44 | 95.44 | - 188.54 | 3.21 |
Solvency | |||||
Equity ratio | 39.2 % | 18.6 % | 27.7 % | -9.2 % | -9.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.0 | 1.1 | 0.6 | 0.6 |
Current ratio | 0.7 | 1.0 | 1.1 | 0.6 | 0.6 |
Cash and cash equivalents | 72.23 | 368.29 | 398.62 | 130.21 | 181.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | B | B |
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