SØLTOFT FINANS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SØLTOFT FINANS ApS
SØLTOFT FINANS ApS (CVR number: 32830803) is a company from KØBENHAVN. The company recorded a gross profit of 818.7 kDKK in 2024. The operating profit was 89.6 kDKK, while net earnings were -546.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -8.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31 %, 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. SØLTOFT FINANS ApS's liquidity measured by quick ratio was 2.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 616.00 | 618.00 | 672.00 | 754.37 | 818.70 |
EBIT | 312.00 | 307.00 | 176.00 | 38.83 | 89.60 |
Net earnings | -3 259.00 | 718.00 | - 416.00 | - 784.29 | - 546.33 |
Shareholders equity total | 7 805.00 | 8 411.00 | 7 695.00 | 6 730.69 | 6 062.36 |
Balance sheet total (assets) | 19 604.00 | 20 144.00 | 20 634.00 | 20 296.75 | 19 529.52 |
Net debt | 7 346.00 | 6 415.00 | 11 181.00 | 11 456.57 | 11 809.58 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.5 % | 4.3 % | 1.6 % | 0.2 % | 0.6 % |
ROE | -34.5 % | 8.9 % | -5.2 % | -10.9 % | -8.5 % |
ROI | 1.5 % | 4.4 % | 1.6 % | 0.2 % | 0.6 % |
Economic value added (EVA) | - 561.65 | - 451.27 | - 503.71 | - 837.89 | - 764.36 |
Solvency | |||||
Equity ratio | 39.8 % | 41.8 % | 37.3 % | 33.2 % | 31.0 % |
Gearing | 143.5 % | 132.4 % | 159.6 % | 192.4 % | 210.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 18.8 | 14.9 | 0.8 | 3.5 | 2.5 |
Current ratio | 18.8 | 14.9 | 0.8 | 3.5 | 2.5 |
Cash and cash equivalents | 3 856.00 | 4 722.00 | 1 100.00 | 1 490.35 | 960.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
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