Solbakken 3 A/S — Credit Rating and Financial Key Figures

CVR number: 15262400
Solbakken 3, Hvalpsund 9640 Farsø

Credit rating

Company information

Official name
Solbakken 3 A/S
Established
1991
Domicile
Hvalpsund
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Solbakken 3 A/S

Solbakken 3 A/S (CVR number: 15262400) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -8.9 kDKK in 2018. The operating profit was -8.9 kDKK, while net earnings were 5.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Solbakken 3 A/S's liquidity measured by quick ratio was 38.7 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
201620172018
Volume
Net sales
Gross profit-6.25-6.25-8.93
EBIT-6.25-6.25-8.93
Net earnings6.927.265.32
Shareholders equity total298.42305.68310.99
Balance sheet total (assets)308.64315.93320.79
Net debt
Profitability
EBIT-%
ROA2.9 %3.0 %2.1 %
ROE2.3 %2.4 %1.7 %
ROI3.0 %3.1 %2.2 %
Economic value added (EVA)-4.87-19.87-22.33
Solvency
Equity ratio96.7 %96.8 %96.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio37.338.538.7
Current ratio37.338.538.7
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:2.14%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.9%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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