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 329 kDKK in 2023. The operating profit was -33.4 kDKK, while net earnings were -26.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.4 %, which can be considered poor and Return on Equity (ROE) was -11.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.8 %, 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 1.9 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 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 440.06 | 427.93 | 314.84 | 328.98 |
EBIT | 145.23 | 88.35 | 19.64 | -33.40 |
Net earnings | 109.31 | 68.18 | 14.65 | -26.09 |
Shareholders equity total | 149.31 | 217.49 | 232.14 | 206.05 |
Balance sheet total (assets) | 295.18 | 300.35 | 343.36 | 299.34 |
Net debt | - 294.40 | -94.85 | - 164.39 | - 141.05 |
Profitability | ||||
EBIT-% | ||||
ROA | 49.2 % | 29.7 % | 6.1 % | -10.4 % |
ROE | 73.2 % | 37.2 % | 6.5 % | -11.9 % |
ROI | 97.3 % | 47.4 % | 8.5 % | -15.0 % |
Economic value added (EVA) | 112.54 | 81.70 | 17.93 | -29.48 |
Solvency | ||||
Equity ratio | 50.6 % | 72.4 % | 67.6 % | 68.8 % |
Gearing | 0.4 % | |||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 2.0 | 1.5 | 1.7 | 1.9 |
Current ratio | 2.0 | 1.5 | 1.7 | 1.9 |
Cash and cash equivalents | 294.40 | 94.85 | 164.39 | 141.97 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BBB | BBB |
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