Solrød Bilsyn ApS — Credit Rating and Financial Key Figures

CVR number: 38651773
Engvangen 5, 2680 Solrød Strand

Credit rating

Company information

Official name
Solrød Bilsyn ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Solrød Bilsyn ApS

Solrød Bilsyn ApS (CVR number: 38651773) is a company from SOLRØD. The company recorded a gross profit of 876.4 kDKK in 2023. The operating profit was 107.8 kDKK, while net earnings were 112.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent and Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 84.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Solrød Bilsyn ApS's liquidity measured by quick ratio was 6.1 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 profit1 038.26889.761 081.621 087.74876.41
EBIT389.97211.43334.84286.80107.80
Net earnings298.43153.96250.75213.97112.27
Shareholders equity total1 032.731 131.391 325.651 482.421 535.79
Balance sheet total (assets)1 460.581 400.301 630.541 856.371 823.99
Net debt- 865.77- 472.10- 801.66-1 263.19-1 470.82
Profitability
EBIT-%
ROA29.4 %14.8 %22.1 %16.5 %5.9 %
ROE32.8 %14.2 %20.4 %15.2 %7.4 %
ROI40.3 %18.0 %24.3 %18.1 %6.4 %
Economic value added (EVA)311.19157.31232.09203.63116.03
Solvency
Equity ratio70.7 %80.8 %81.3 %79.9 %84.2 %
Gearing4.7 %8.2 %11.7 %10.9 %8.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.54.04.66.1
Current ratio2.82.54.04.66.1
Cash and cash equivalents914.31565.17956.391 424.301 605.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.86%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.2%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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