SØLVGADE 24 ApS — Credit Rating and Financial Key Figures

CVR number: 33589867
Hegnstoften 34, 2630 Taastrup

Company information

Official name
SØLVGADE 24 ApS
Established
2011
Company form
Private limited company
Industry

About SØLVGADE 24 ApS

SØLVGADE 24 ApS (CVR number: 33589867) is a company from Høje-Taastrup. The company recorded a gross profit of 247 kDKK in 2023. The operating profit was 747.4 kDKK, while net earnings were 521.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good and Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 85.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØLVGADE 24 ApS's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit31.43-85.84-19.2163.53247.01
EBIT254.79- 383.85864.29- 296.99747.42
Net earnings57.53- 428.60494.09- 371.01521.75
Shareholders equity total3 919.633 491.043 985.123 614.117 830.46
Balance sheet total (assets)8 276.288 200.179 119.438 805.979 154.81
Net debt3 160.493 731.433 894.244 020.80- 110.24
Profitability
EBIT-%
ROA3.2 %-4.5 %10.1 %-3.1 %8.4 %
ROE1.5 %-11.6 %13.2 %-9.8 %9.1 %
ROI3.3 %-4.5 %10.2 %-3.2 %8.6 %
Economic value added (EVA)-32.18- 482.68450.63- 424.93405.79
Solvency
Equity ratio47.4 %42.6 %43.7 %41.0 %85.5 %
Gearing87.6 %110.2 %101.2 %114.0 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.11.5
Current ratio0.10.10.10.11.5
Cash and cash equivalents273.20114.90138.8298.71194.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBA

Variable visualization

ROA:8.43%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.5%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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