SOLO SORØ ApS — Credit Rating and Financial Key Figures

CVR number: 36395370
Frejasvej 7, 6862 Tistrup

Credit rating

Company information

Official name
SOLO SORØ ApS
Established
2014
Company form
Private limited company
Industry

About SOLO SORØ ApS

SOLO SORØ ApS (CVR number: 36395370) is a company from VARDE. The company recorded a gross profit of 1135.3 kDKK in 2017. The operating profit was 217.3 kDKK, while net earnings were 56.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.5 %, which can be considered excellent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.5 %, 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. SOLO SORØ ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
Volume
Net sales
Gross profit1 053.611 135.32
EBIT122.38217.33
Net earnings48.4256.57
Shareholders equity total357.69414.26
Balance sheet total (assets)1 352.771 134.93
Net debt531.92164.82
Profitability
EBIT-%
ROA9.0 %17.5 %
ROE13.5 %14.7 %
ROI12.4 %26.2 %
Economic value added (EVA)94.88140.57
Solvency
Equity ratio26.4 %36.5 %
Gearing172.3 %58.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.5
Current ratio0.91.1
Cash and cash equivalents84.3877.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:17.5%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.5%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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