SOLAN Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 39907755
Kornmarken 15, Gravens 6040 Egtved

Credit rating

Company information

Official name
SOLAN Ejendomme ApS
Established
2018
Domicile
Gravens
Company form
Private limited company
Industry

About SOLAN Ejendomme ApS

SOLAN Ejendomme ApS (CVR number: 39907755) is a company from VEJLE. The company recorded a gross profit of 416.3 kDKK in 2024. The operating profit was 244.3 kDKK, while net earnings were -152 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was -18.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.7 %, 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. SOLAN Ejendomme ApS's liquidity measured by quick ratio was 0.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit181.371 053.75483.63561.32416.34
EBIT-66.53823.70253.58371.80244.29
Net earnings- 235.07454.7680.45486.12- 152.03
Shareholders equity total- 629.63- 174.87-94.42391.701 239.68
Balance sheet total (assets)7 886.688 183.376 370.406 336.878 406.79
Net debt4 547.504 306.342 651.262 077.873 335.16
Profitability
EBIT-%
ROA-0.9 %9.8 %3.4 %11.7 %4.3 %
ROE-3.3 %5.7 %1.1 %14.4 %-18.6 %
ROI-0.9 %9.9 %3.5 %12.0 %4.4 %
Economic value added (EVA)-33.37679.66204.48288.60159.59
Solvency
Equity ratio-7.4 %-2.1 %-1.5 %6.2 %14.7 %
Gearing-722.2 %-2462.6 %-2956.0 %560.0 %270.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.40.10.10.1
Current ratio0.10.40.10.10.1
Cash and cash equivalents139.71115.8320.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:4.31%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.7%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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