SØLUND SHOP DESIGN ApS — Credit Rating and Financial Key Figures

CVR number: 36033711
Aalborgvej 7, 4800 Nykøbing F
tel: 54829026

Credit rating

Company information

Official name
SØLUND SHOP DESIGN ApS
Personnel
2 persons
Established
2014
Company form
Private limited company
Industry
  • Expand more icon310000

About SØLUND SHOP DESIGN ApS

SØLUND SHOP DESIGN ApS (CVR number: 36033711) is a company from GULDBORGSUND. The company recorded a gross profit of 167.7 kDKK in 2023. The operating profit was 54.9 kDKK, while net earnings were 33.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -2.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SØLUND SHOP DESIGN ApS's liquidity measured by quick ratio was 0.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit55.7773.05122.99104.61167.67
EBIT42.2264.0581.0430.8754.90
Net earnings13.899.6549.0312.0333.35
Shareholders equity total- 116.61- 106.97-57.94-45.91-12.55
Balance sheet total (assets)469.02418.44501.00529.42509.78
Net debt188.10181.71164.43287.48114.28
Profitability
EBIT-%
ROA6.7 %11.5 %14.9 %5.4 %10.0 %
ROE2.8 %2.2 %10.7 %2.3 %6.4 %
ROI18.4 %34.6 %46.8 %13.7 %24.5 %
Economic value added (EVA)39.4247.2567.3523.5645.13
Solvency
Equity ratio-19.9 %-20.4 %-10.4 %-8.0 %-2.4 %
Gearing-161.3 %-169.9 %-283.8 %-626.2 %-1285.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.20.2
Current ratio0.70.80.90.91.0
Cash and cash equivalents47.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:10.0%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-2.40%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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