BOSTEDET SOLVANG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BOSTEDET SOLVANG ApS
BOSTEDET SOLVANG ApS (CVR number: 33766556) is a company from LOLLAND. The company recorded a gross profit of 10.5 mDKK in 2023. The operating profit was -56.6 kDKK, while net earnings were -47.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.9 %, 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. BOSTEDET SOLVANG ApS's liquidity measured by quick ratio was 2.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 10 774.96 | 11 499.72 | 11 320.18 | 10 810.24 | 10 548.50 |
EBIT | 1 117.12 | 1 292.74 | 674.43 | 547.45 | -56.56 |
Net earnings | 855.77 | 976.49 | 497.18 | 410.98 | -47.65 |
Shareholders equity total | 3 157.19 | 3 933.68 | 4 180.86 | 4 341.84 | 4 044.19 |
Balance sheet total (assets) | 5 159.38 | 6 692.68 | 5 589.58 | 5 338.67 | 5 193.59 |
Net debt | -2 773.28 | -3 402.97 | -2 507.58 | -2 265.29 | -1 930.32 |
Profitability | |||||
EBIT-% | |||||
ROA | 24.9 % | 21.8 % | 11.0 % | 10.0 % | -1.1 % |
ROE | 30.5 % | 27.5 % | 12.3 % | 9.6 % | -1.1 % |
ROI | 37.3 % | 34.3 % | 16.3 % | 12.7 % | -1.3 % |
Economic value added (EVA) | 855.82 | 1 001.20 | 514.46 | 354.06 | - 140.46 |
Solvency | |||||
Equity ratio | 61.2 % | 58.8 % | 74.8 % | 81.3 % | 77.9 % |
Gearing | 2.3 % | 1.4 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 1.7 | 2.6 | 3.2 | 2.9 |
Current ratio | 2.4 | 1.7 | 2.6 | 3.3 | 2.9 |
Cash and cash equivalents | 2 846.38 | 3 456.15 | 2 507.58 | 2 265.29 | 1 930.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | A | A |
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