Sølyst Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 38476149
Lahnsgade 2, 5000 Odense C

Credit rating

Company information

Official name
Sølyst Ejendomme ApS
Established
2017
Company form
Private limited company
Industry

About Sølyst Ejendomme ApS

Sølyst Ejendomme ApS (CVR number: 38476149) is a company from ODENSE. The company recorded a gross profit of 159.4 kDKK in 2023. The operating profit was 110.2 kDKK, while net earnings were 4.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 20.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Sølyst Ejendomme ApS's liquidity measured by quick ratio was 0 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 profit512.74254.02239.75121.98159.41
EBIT467.54204.82190.5572.78110.20
Net earnings173.65109.75- 228.41169.004.42
Shareholders equity total1 072.161 181.91953.511 122.511 126.93
Balance sheet total (assets)5 273.394 817.544 435.465 990.435 606.18
Net debt3 312.512 820.752 639.863 528.363 627.19
Profitability
EBIT-%
ROA9.6 %4.2 %-5.0 %4.6 %2.6 %
ROE17.6 %9.7 %-21.4 %16.3 %0.4 %
ROI10.0 %4.3 %-5.3 %5.1 %2.9 %
Economic value added (EVA)114.01-79.23-72.43- 149.12- 191.27
Solvency
Equity ratio20.3 %24.5 %21.5 %18.7 %20.1 %
Gearing314.9 %245.1 %294.5 %378.9 %321.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.10.10.60.0
Current ratio0.30.10.10.60.0
Cash and cash equivalents63.4676.34168.46724.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.56%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.1%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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