SOLO ÅLBORG STORCENTER ApS — Credit Rating and Financial Key Figures

CVR number: 26869382
Frejasvej 7, 6862 Tistrup
tel: 75291034

Credit rating

Company information

Official name
SOLO ÅLBORG STORCENTER ApS
Established
2002
Company form
Private limited company
Industry

About SOLO ÅLBORG STORCENTER ApS

SOLO ÅLBORG STORCENTER ApS (CVR number: 26869382) is a company from VARDE. The company recorded a gross profit of 1596 kDKK in 2017. The operating profit was 422.2 kDKK, while net earnings were 352.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.3 %, which can be considered excellent and Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.3 %, 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. SOLO ÅLBORG STORCENTER ApS's liquidity measured by quick ratio was 3.7 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
2016
2017
Volume
Net sales
Gross profit1 776.281 596.00
EBIT583.35422.16
Net earnings416.41352.85
Shareholders equity total1 961.082 313.93
Balance sheet total (assets)2 608.852 995.18
Net debt- 317.20- 274.56
Profitability
EBIT-%
ROA22.4 %17.3 %
ROE21.2 %16.5 %
ROI29.7 %22.7 %
Economic value added (EVA)454.48246.92
Solvency
Equity ratio75.2 %77.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.13.7
Current ratio3.94.3
Cash and cash equivalents317.20274.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBB

Variable visualization

ROA:17.3%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.3%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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