Solberg Danmark ApS — Credit Rating and Financial Key Figures

CVR number: 39643065
Havnen 66, 7620 Lemvig

Credit rating

Company information

Official name
Solberg Danmark ApS
Personnel
2 persons
Established
2018
Company form
Private limited company
Industry

About Solberg Danmark ApS

Solberg Danmark ApS (CVR number: 39643065) is a company from LEMVIG. The company recorded a gross profit of 9.1 kDKK in 2023. The operating profit was -529.5 kDKK, while net earnings were -394.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.3 %, which can be considered poor and Return on Equity (ROE) was -16.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Solberg Danmark ApS's liquidity measured by quick ratio was 5.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit948.49863.02931.98155.479.10
EBIT21.98-22.943.76- 405.75- 529.45
Net earnings17.10-18.562.841 271.36- 394.88
Shareholders equity total1 526.531 507.961 510.812 667.762 155.08
Balance sheet total (assets)1 610.901 801.041 586.842 719.022 296.31
Net debt-78.38-25.84-16.24-1 176.81- 428.33
Profitability
EBIT-%
ROA1.4 %-1.3 %0.2 %55.6 %-14.3 %
ROE1.1 %-1.2 %0.2 %60.9 %-16.4 %
ROI1.4 %-1.5 %0.2 %57.3 %-16.6 %
Economic value added (EVA)20.16-14.774.66- 437.13- 466.15
Solvency
Equity ratio94.8 %83.7 %95.2 %98.1 %93.8 %
Gearing1.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.30.90.425.65.6
Current ratio1.31.00.926.96.3
Cash and cash equivalents99.9025.8416.241 176.81428.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-14.3%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.8%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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