SOLOMATIC EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 30905571
Priorsvej 21, 8600 Silkeborg

Credit rating

Company information

Official name
SOLOMATIC EJENDOMME ApS
Established
2007
Company form
Private limited company
Industry

About SOLOMATIC EJENDOMME ApS

SOLOMATIC EJENDOMME ApS (CVR number: 30905571) is a company from SILKEBORG. The company recorded a gross profit of 1589.1 kDKK in 2021. The operating profit was 1330.4 kDKK, while net earnings were -3439.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good but Return on Equity (ROE) was -102.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.9 %, 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. SOLOMATIC EJENDOMME ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit1 928.571 927.991 314.341 026.651 589.06
EBIT1 669.951 669.371 055.72768.041 330.44
Net earnings1 138.371 183.38737.58534.53-3 439.14
Shareholders equity total2 610.433 793.824 531.395 065.921 626.77
Balance sheet total (assets)12 807.9213 868.5314 549.8014 895.9110 905.47
Net debt9 392.368 950.228 863.768 420.357 446.82
Profitability
EBIT-%
ROA12.9 %12.9 %8.2 %6.2 %10.3 %
ROE55.8 %37.0 %17.7 %11.1 %-102.8 %
ROI13.2 %13.3 %8.6 %6.4 %11.1 %
Economic value added (EVA)753.82741.31244.4211.41829.40
Solvency
Equity ratio20.4 %27.4 %31.1 %34.0 %14.9 %
Gearing359.8 %235.9 %195.6 %166.2 %457.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.91.11.4
Current ratio0.30.91.11.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.9%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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