SOLWANG ApS — Credit Rating and Financial Key Figures

CVR number: 16311847
Fyrrevej 9, 3300 Frederiksværk
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Company information

Official name
SOLWANG ApS
Established
1992
Company form
Private limited company
Industry

About SOLWANG ApS

SOLWANG ApS (CVR number: 16311847) is a company from HALSNÆS. The company recorded a gross profit of 25.1 kDKK in 2024. The operating profit was -99.5 kDKK, while net earnings were 1338.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SOLWANG ApS's liquidity measured by quick ratio was 16.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 772.64863.26113.87928.1725.08
EBIT1 657.46738.69-10.70803.60-99.49
Net earnings7 227.985 023.273 951.202 201.441 338.10
Shareholders equity total33 249.7337 773.0041 609.8042 811.2444 027.34
Balance sheet total (assets)36 069.2442 425.6842 775.7143 849.5944 254.69
Net debt-5 135.89-3 787.46-2 041.58-3 532.81-2 338.50
Profitability
EBIT-%
ROA24.0 %16.3 %9.5 %5.6 %3.4 %
ROE24.3 %14.1 %10.0 %5.2 %3.1 %
ROI25.4 %17.5 %10.0 %5.7 %3.4 %
Economic value added (EVA)-44.82-1 107.67-1 999.13-1 487.75-2 249.61
Solvency
Equity ratio92.2 %89.0 %97.3 %97.6 %99.5 %
Gearing0.7 %4.6 %1.1 %0.8 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio5.92.16.34.716.8
Current ratio9.23.316.410.844.8
Cash and cash equivalents5 359.895 531.392 510.283 860.552 359.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.35%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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