Boligselskabet Solvang Ørnhøj A/S — Credit Rating and Financial Key Figures

CVR number: 42913782
Vads Dal 41, 6973 Ørnhøj

Credit rating

Company information

Official name
Boligselskabet Solvang Ørnhøj A/S
Established
2021
Company form
Limited company
Industry

About Boligselskabet Solvang Ørnhøj A/S

Boligselskabet Solvang Ørnhøj A/S (CVR number: 42913782) is a company from HERNING. The company recorded a gross profit of 35.8 kDKK in 2023. The operating profit was 30.4 kDKK, while net earnings were 2.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 43.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Boligselskabet Solvang Ørnhøj A/S's liquidity measured by quick ratio was 0.2 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
2022
2023
Volume
Net sales
Gross profit-76.3035.76
EBIT-76.3030.42
Net earnings-72.522.09
Shareholders equity total2 152.482 154.56
Balance sheet total (assets)2 167.484 977.25
Net debt-1 237.032 488.69
Profitability
EBIT-%
ROA-3.5 %0.9 %
ROE-3.4 %0.1 %
ROI-3.5 %0.9 %
Economic value added (EVA)-65.74-15.58
Solvency
Equity ratio99.3 %43.3 %
Gearing116.0 %
Relative net indebtedness %
Liquidity
Quick ratio83.20.2
Current ratio83.20.2
Cash and cash equivalents1 237.0310.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:0.85%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.3%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board

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