F.L. SOLRØD ApS — Credit Rating and Financial Key Figures

CVR number: 13643245
Birkeengen 47, 2680 Solrød Strand

Credit rating

Company information

Official name
F.L. SOLRØD ApS
Established
1989
Company form
Private limited company
Industry

About F.L. SOLRØD ApS

F.L. SOLRØD ApS (CVR number: 13643245) is a company from SOLRØD. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of 40.5 % compared to the previous year. The operating profit percentage was at 4.3 % (EBIT: 0 mDKK), while net earnings were -27.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. F.L. SOLRØD ApS's liquidity measured by quick ratio was 17.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales81.8081.8085.8071.58100.57
Gross profit10.1117.6416.04-15.624.31
EBIT10.1117.6416.04-15.624.31
Net earnings4.069.426.38-16.90-27.87
Shareholders equity total755.79657.22549.12532.22504.35
Balance sheet total (assets)1 966.581 809.831 650.081 459.741 389.44
Net debt468.93552.94645.44791.11859.61
Profitability
EBIT-%12.4 %21.6 %18.7 %-21.8 %4.3 %
ROA0.5 %0.9 %0.9 %-1.0 %0.3 %
ROE0.5 %1.3 %1.1 %-3.1 %-5.4 %
ROI0.5 %1.0 %1.0 %-1.0 %0.3 %
Economic value added (EVA)-52.62-47.78-48.30-72.21-63.04
Solvency
Equity ratio38.4 %36.3 %33.3 %36.5 %36.3 %
Gearing145.7 %158.7 %179.3 %174.3 %175.5 %
Relative net indebtedness %707.3 %809.6 %887.8 %1105.3 %854.7 %
Liquidity
Quick ratio6.04.62.980.917.2
Current ratio6.04.62.980.917.2
Cash and cash equivalents632.22490.38339.27136.4125.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %669.2 %478.0 %261.4 %207.3 %45.9 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.30%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.3%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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