SOLWANG ApS — Credit Rating and Financial Key Figures

CVR number: 16311847
Fyrrevej 9, 3300 Frederiksværk

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 928.2 kDKK in 2023. The operating profit was 803.6 kDKK, while net earnings were 2201.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.6 %, 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 4.7 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 profit316.241 772.64863.26113.87928.17
EBIT202.941 657.46738.69-10.70803.60
Net earnings2 669.087 227.985 023.273 951.202 201.44
Shareholders equity total26 321.7533 249.7337 773.0041 609.8042 811.24
Balance sheet total (assets)27 330.8036 069.2442 425.6842 775.7143 849.59
Net debt- 266.99-5 135.89-3 787.46-2 041.58-3 253.57
Profitability
EBIT-%
ROA9.6 %24.0 %16.3 %9.5 %5.6 %
ROE10.6 %24.3 %14.1 %10.0 %5.2 %
ROI9.9 %25.4 %17.5 %10.0 %5.7 %
Economic value added (EVA)3.691 046.86650.42429.61929.15
Solvency
Equity ratio96.3 %92.2 %89.0 %97.3 %97.6 %
Gearing0.9 %0.7 %4.6 %1.1 %1.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.75.92.16.34.7
Current ratio11.29.23.316.410.8
Cash and cash equivalents497.545 359.895 531.392 510.283 860.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:5.63%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.6%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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