SOLAGER HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOLAGER HOLDING ApS
SOLAGER HOLDING ApS (CVR number: 31154391) is a company from AARHUS. The company recorded a gross profit of -6 kDKK in 2023. The operating profit was -6 kDKK, while net earnings were 114.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.2 %, which can be considered excellent and Return on Equity (ROE) was 24.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.2 %, 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. SOLAGER HOLDING ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.25 | -2.37 | -6.72 | -14.06 | -6.00 |
EBIT | -2.25 | -2.37 | -6.72 | -14.06 | -6.00 |
Net earnings | 40.43 | - 240.30 | 91.03 | 80.87 | 114.58 |
Shareholders equity total | 677.57 | 381.97 | 416.50 | 440.18 | 495.86 |
Balance sheet total (assets) | 1 133.69 | 887.73 | 685.07 | 450.93 | 809.73 |
Net debt | 451.12 | 497.99 | 149.27 | -22.83 | 290.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.1 % | -2.8 % | 11.1 % | 14.8 % | 19.2 % |
ROE | 5.9 % | -45.4 % | 22.8 % | 18.9 % | 24.5 % |
ROI | 5.1 % | -22.7 % | 11.2 % | 15.0 % | 19.5 % |
Economic value added (EVA) | 35.74 | 37.56 | 7.82 | -10.61 | 2.90 |
Solvency | |||||
Equity ratio | 59.8 % | 43.0 % | 60.8 % | 97.6 % | 61.2 % |
Gearing | 66.6 % | 131.1 % | 63.3 % | 0.2 % | 61.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.9 | 1.6 | 8.5 | 1.3 |
Current ratio | 0.0 | 0.9 | 1.6 | 8.5 | 1.3 |
Cash and cash equivalents | 2.76 | 114.29 | 23.58 | 16.36 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | A |
Variable visualization
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