SOLGAARDEN ApS — Credit Rating and Financial Key Figures

CVR number: 35801820
Vibevej 36, 7330 Brande
jan.lorenzen@bmc.dk
Free credit report Annual report

Company information

Official name
SOLGAARDEN ApS
Established
2014
Company form
Private limited company
Industry

About SOLGAARDEN ApS

SOLGAARDEN ApS (CVR number: 35801820) is a company from IKAST-BRANDE. The company reported a net sales of 0.3 mDKK in 2024, demonstrating a growth of 3.6 % compared to the previous year. The operating profit percentage was at 48.4 % (EBIT: 0.2 mDKK), while net earnings were -130.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was -6.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.1 %, 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. SOLGAARDEN ApS's liquidity measured by quick ratio was 7.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 109.54689.68358.58313.75324.97
Gross profit607.022 463.96464.64189.64217.79
EBIT455.852 358.05397.57129.08157.24
Net earnings144.011 718.83112.53- 159.41- 130.66
Shareholders equity total521.642 240.472 353.002 193.592 062.93
Balance sheet total (assets)11 855.608 648.868 707.085 768.815 874.15
Net debt10 534.983 399.673 082.543 284.483 413.51
Profitability
EBIT-%41.1 %341.9 %110.9 %41.1 %48.4 %
ROA3.9 %23.0 %4.6 %1.8 %2.7 %
ROE32.0 %124.5 %4.9 %-7.0 %-6.1 %
ROI3.9 %23.9 %4.8 %1.8 %2.7 %
Economic value added (EVA)- 272.151 354.63- 108.21- 318.19- 147.41
Solvency
Equity ratio4.4 %25.9 %27.0 %38.0 %35.1 %
Gearing2100.8 %250.7 %262.0 %157.8 %182.5 %
Relative net indebtedness %978.9 %604.8 %912.2 %1082.9 %1064.6 %
Liquidity
Quick ratio1.53.019.55.07.4
Current ratio1.53.019.55.07.4
Cash and cash equivalents423.672 218.073 083.10177.51351.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %14.8 %214.9 %815.7 %52.4 %98.9 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.71%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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