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 147.3 kDKK in 2024. The operating profit was 147.3 kDKK, while net earnings were 229.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 74.2 %, 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 12.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit25.3436.81121.2496.48147.26
EBIT25.3436.81107.6096.48147.26
Net earnings437.85738.48- 649.80476.05229.70
Shareholders equity total13 451.1313 639.6111 619.8110 595.869 825.56
Balance sheet total (assets)16 992.0517 075.9114 899.5714 175.2313 250.83
Net debt-8 144.80-8 531.30-6 092.04-5 483.46-4 890.63
Profitability
EBIT-%
ROA4.3 %7.0 %5.6 %4.4 %2.1 %
ROE3.1 %5.5 %-5.1 %4.3 %2.2 %
ROI4.3 %7.0 %5.6 %4.5 %2.2 %
Economic value added (EVA)- 910.48- 822.55- 769.37- 671.10- 571.71
Solvency
Equity ratio79.2 %79.9 %78.0 %74.7 %74.2 %
Gearing25.8 %24.5 %26.6 %29.5 %30.8 %
Relative net indebtedness %
Liquidity
Quick ratio55.551.348.514.312.9
Current ratio55.551.348.514.312.9
Cash and cash equivalents11 609.1811 873.289 180.048 605.117 919.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:2.09%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.2%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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