GD Sølbeck ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GD Sølbeck ApS
GD Sølbeck ApS (CVR number: 39349604) is a company from AALBORG. The company recorded a gross profit of 49.1 kDKK in 2023. The operating profit was -58.9 kDKK, while net earnings were 224.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.4 %, which can be considered excellent and Return on Equity (ROE) was 184.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GD Sølbeck ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 311.88 | 404.68 | -58.77 | -65.86 | 49.08 |
EBIT | 136.76 | 311.54 | - 119.28 | - 238.42 | -58.90 |
Net earnings | 80.57 | 207.63 | - 118.39 | - 210.99 | 224.07 |
Shareholders equity total | 131.14 | 338.77 | 220.38 | 9.39 | 233.46 |
Balance sheet total (assets) | 1 159.84 | 1 439.15 | 1 229.67 | 936.75 | 760.66 |
Net debt | 770.89 | 955.33 | 884.90 | 872.20 | 472.14 |
Profitability | |||||
EBIT-% | |||||
ROA | 20.8 % | 24.0 % | -8.9 % | -22.0 % | 38.4 % |
ROE | 88.7 % | 88.4 % | -42.3 % | -183.6 % | 184.5 % |
ROI | 26.5 % | 28.1 % | -9.9 % | -24.0 % | 41.0 % |
Economic value added (EVA) | 103.49 | 235.67 | - 110.82 | - 197.07 | -46.34 |
Solvency | |||||
Equity ratio | 11.3 % | 23.5 % | 17.9 % | 1.0 % | 30.7 % |
Gearing | 588.6 % | 282.3 % | 402.0 % | 9296.3 % | 202.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.3 | 1.2 | 1.0 | 1.4 |
Current ratio | 1.0 | 1.3 | 1.2 | 1.0 | 1.4 |
Cash and cash equivalents | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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