SOLVANG MASKINFABRIK A/S

CVR number: 30607988
Lejerstoftevej 3, 4660 Store Heddinge
jbl@solvangcnc.com
tel: 56608031
www.solvangcnc.com

Credit rating

Company information

Official name
SOLVANG MASKINFABRIK A/S
Personnel
13 persons
Established
2007
Company form
Limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About the company

SOLVANG MASKINFABRIK A/S (CVR number: 30607988) is a company from STEVNS. The company recorded a gross profit of 9917.8 kDKK in 2023. The operating profit was 3036 kDKK, while net earnings were 1870.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.7 %, which can be considered excellent and Return on Equity (ROE) was 22.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -3.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SOLVANG MASKINFABRIK A/S's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit3 941.882 858.574 462.309 295.779 917.75
EBIT- 272.60-3 471.22-1 509.112 824.093 036.04
Net earnings- 498.44-3 546.54-1 991.062 869.311 870.62
Shareholders equity total9.06-3 537.47-5 528.54-2 659.23- 788.60
Balance sheet total (assets)5 383.807 557.457 669.508 174.188 201.51
Net debt2 014.455 052.607 170.496 799.185 911.59
Profitability
EBIT-%
ROA-6.3 %-42.1 %-12.4 %23.5 %30.7 %
ROE-193.0 %-93.7 %-26.2 %36.2 %22.8 %
ROI-11.4 %-61.7 %-16.4 %30.1 %38.4 %
Economic value added (EVA)- 363.21-3 198.36-1 400.073 858.412 435.41
Solvency
Equity ratio0.2 %-28.7 %-39.6 %-20.9 %-3.4 %
Gearing22227.2 %-142.8 %-129.7 %-255.7 %-749.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.30.30.60.5
Current ratio1.00.50.60.91.1
Cash and cash equivalents0.220.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:30.7%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-3.40%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

Build time: 2024-10-04T14:01:21.238Z

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