SOLRØD AUTOCARE ApS — Credit Rating and Financial Key Figures

CVR number: 19625400
Engvangen 2, 2680 Solrød Strand
tel: 56149501

Credit rating

Company information

Official name
SOLRØD AUTOCARE ApS
Personnel
5 persons
Established
1996
Company form
Private limited company
Industry
  • Expand more icon953190

About SOLRØD AUTOCARE ApS

SOLRØD AUTOCARE ApS (CVR number: 19625400) is a company from SOLRØD. The company recorded a gross profit of 5575.5 kDKK in 2023. The operating profit was 2952.4 kDKK, while net earnings were 2302.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 59.9 %, which can be considered excellent and Return on Equity (ROE) was 75.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.5 %, 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. SOLRØD AUTOCARE ApS's liquidity measured by quick ratio was 2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 543.375 940.844 835.515 343.755 575.48
EBIT-73.103 294.492 656.142 550.972 952.37
Net earnings-61.092 552.732 060.771 977.892 302.44
Shareholders equity total515.542 847.072 907.842 885.733 188.17
Balance sheet total (assets)1 444.204 254.014 122.764 584.315 270.66
Net debt- 570.87-2 938.53-1 709.34-2 148.42-3 102.65
Profitability
EBIT-%
ROA-4.4 %115.6 %63.7 %58.6 %59.9 %
ROE-9.3 %151.8 %71.6 %68.3 %75.8 %
ROI-10.3 %193.6 %91.8 %87.4 %95.9 %
Economic value added (EVA)-76.772 569.402 072.571 926.992 263.43
Solvency
Equity ratio35.7 %66.9 %70.5 %62.9 %60.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.12.92.42.02.0
Current ratio1.33.02.62.22.2
Cash and cash equivalents570.872 938.531 709.342 148.423 102.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:59.9%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.5%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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