SØLVSTEN HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 24209083
Irma Pedersens Gade 87, 8000 Aarhus C
birthefrom@gmail.com
tel: 21242226

Company information

Official name
SØLVSTEN HOLDING A/S
Established
1999
Company form
Limited company
Industry

About SØLVSTEN HOLDING A/S

SØLVSTEN HOLDING A/S (CVR number: 24209083) is a company from AARHUS. The company recorded a gross profit of 96.5 kDKK in 2023. The operating profit was 96.5 kDKK, while net earnings were 476.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SØLVSTEN HOLDING A/S's liquidity measured by quick ratio was 14.3 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 profit-18.2825.3436.81121.2496.48
EBIT-18.2825.3436.81107.6096.48
Net earnings775.59437.85738.48- 649.80476.05
Shareholders equity total14 658.2813 451.1313 639.6111 619.8110 595.86
Balance sheet total (assets)18 582.6016 992.0517 075.9114 899.5714 175.23
Net debt-9 142.70-8 144.80-8 531.30-6 092.04-5 483.46
Profitability
EBIT-%
ROA6.4 %4.3 %7.0 %5.6 %4.4 %
ROE5.0 %3.1 %5.5 %-5.1 %4.3 %
ROI6.4 %4.3 %7.0 %5.6 %4.5 %
Economic value added (EVA)-39.25- 235.63- 231.12- 163.85- 202.57
Solvency
Equity ratio78.9 %79.2 %79.9 %78.0 %74.7 %
Gearing26.3 %25.8 %24.5 %26.6 %29.5 %
Relative net indebtedness %
Liquidity
Quick ratio28.555.551.348.514.3
Current ratio28.555.551.348.514.3
Cash and cash equivalents12 997.8911 609.1811 873.289 180.048 605.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:4.43%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.7%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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