Solfelt Agro ApS — Credit Rating and Financial Key Figures

CVR number: 42170038
Hevring Møllevej 23, 8950 Ørsted

Credit rating

Company information

Official name
Solfelt Agro ApS
Established
2021
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About Solfelt Agro ApS

Solfelt Agro ApS (CVR number: 42170038) is a company from NORDDJURS. The company recorded a gross profit of 675.5 kDKK in 2024. The operating profit was 539.6 kDKK, while net earnings were -221.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was -7.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 12.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Solfelt Agro ApS's liquidity measured by quick ratio was 8.1 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
2021
2022
2023
2024
Volume
Net sales
Gross profit314.51424.89674.86675.45
EBIT281.74379.89486.62539.65
Net earnings90.4884.35- 135.61- 221.95
Shareholders equity total130.48214.832 990.422 768.47
Balance sheet total (assets)18 012.7118 269.9122 041.3622 006.63
Net debt17 330.0117 307.3517 771.0417 869.45
Profitability
EBIT-%
ROA1.6 %2.1 %2.4 %2.5 %
ROE69.3 %48.9 %-8.5 %-7.7 %
ROI1.6 %2.1 %2.4 %2.5 %
Economic value added (EVA)175.06- 119.96- 179.48- 277.88
Solvency
Equity ratio0.7 %1.2 %13.6 %12.6 %
Gearing13614.9 %8348.6 %607.9 %665.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.17.98.1
Current ratio0.10.17.98.1
Cash and cash equivalents435.27628.09407.12562.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBA

Variable visualization

ROA:2.46%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.6%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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