SOLSIDENS MALER- OG FARVEHANDEL ApS — Credit Rating and Financial Key Figures

CVR number: 27196675
Hjørringvej 80, 9400 Nørresundby
mitcom@mitcom.dk
tel: 20821909

Credit rating

Company information

Official name
SOLSIDENS MALER- OG FARVEHANDEL ApS
Personnel
2 persons
Established
2003
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About SOLSIDENS MALER- OG FARVEHANDEL ApS

SOLSIDENS MALER- OG FARVEHANDEL ApS (CVR number: 27196675) is a company from AALBORG. The company recorded a gross profit of 663.2 kDKK in 2023. The operating profit was -119.7 kDKK, while net earnings were -98.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.7 %, which can be considered poor and Return on Equity (ROE) was -5.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 84.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SOLSIDENS MALER- OG FARVEHANDEL ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 859.421 702.57865.13587.51663.25
EBIT420.82439.39-11.14- 204.58- 119.67
Net earnings322.72331.69-14.46- 165.34-98.17
Shareholders equity total2 531.702 863.391 998.931 833.591 735.42
Balance sheet total (assets)3 253.143 159.682 358.772 172.342 056.39
Net debt- 632.58- 461.44- 137.2737.68-74.28
Profitability
EBIT-%
ROA13.7 %13.7 %-0.4 %-9.0 %-5.7 %
ROE13.6 %12.3 %-0.6 %-8.6 %-5.5 %
ROI15.0 %14.9 %-0.4 %-10.1 %-6.3 %
Economic value added (EVA)237.98269.72- 131.52- 252.23- 185.91
Solvency
Equity ratio77.8 %90.6 %84.7 %84.4 %84.4 %
Gearing19.4 %5.3 %6.3 %6.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.94.41.00.60.9
Current ratio4.510.36.36.36.4
Cash and cash equivalents1 123.99461.44243.8077.98185.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-5.66%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.4%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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