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Solvang Haveservice ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Solvang Haveservice ApS
Solvang Haveservice ApS (CVR number: 41284188) is a company from LANGELAND. The company recorded a gross profit of 316.6 kDKK in 2024. The operating profit was -50.2 kDKK, while net earnings were -38.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.1 %, which can be considered poor and Return on Equity (ROE) was -20.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.3 %, 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. Solvang Haveservice 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 440.06 | 427.93 | 314.84 | 328.98 | 316.58 |
| EBIT | 145.23 | 88.35 | 19.64 | -33.40 | -50.20 |
| Net earnings | 109.31 | 68.18 | 14.65 | -26.09 | -38.61 |
| Shareholders equity total | 149.31 | 217.49 | 232.14 | 206.05 | 167.44 |
| Balance sheet total (assets) | 295.18 | 300.35 | 343.36 | 299.34 | 248.79 |
| Net debt | - 294.40 | -94.85 | - 164.39 | - 141.05 | - 140.36 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 49.2 % | 29.7 % | 6.1 % | -10.4 % | -18.1 % |
| ROE | 73.2 % | 37.2 % | 6.5 % | -11.9 % | -20.7 % |
| ROI | 97.3 % | 47.4 % | 8.5 % | -15.0 % | -26.4 % |
| Economic value added (EVA) | 112.54 | 61.41 | 3.96 | -38.07 | -49.55 |
| Solvency | |||||
| Equity ratio | 50.6 % | 72.4 % | 67.6 % | 68.8 % | 67.3 % |
| Gearing | 0.4 % | 0.6 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.0 | 1.5 | 1.7 | 1.9 | 2.0 |
| Current ratio | 2.0 | 1.5 | 1.7 | 1.9 | 2.0 |
| Cash and cash equivalents | 294.40 | 94.85 | 164.39 | 141.97 | 141.28 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | BBB | BBB |
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