F.L. SOLRØD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 2024, demonstrating a growth of 7.4 % compared to the previous year. The operating profit percentage was at 48.5 % (EBIT: 0.1 mDKK), while net earnings were 12.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 36.9 %, 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 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 81.80 | 85.80 | 71.58 | 100.57 | 108.00 |
Gross profit | 17.64 | 16.04 | -15.62 | 4.31 | 52.34 |
EBIT | 17.64 | 16.04 | -15.62 | 4.31 | 52.34 |
Net earnings | 9.42 | 6.38 | -16.90 | -27.87 | 12.27 |
Shareholders equity total | 657.22 | 549.12 | 532.22 | 504.35 | 516.62 |
Balance sheet total (assets) | 1 809.83 | 1 650.08 | 1 459.74 | 1 389.44 | 1 398.24 |
Net debt | 552.94 | 645.44 | 791.11 | 859.61 | 847.34 |
Profitability | |||||
EBIT-% | 21.6 % | 18.7 % | -21.8 % | 4.3 % | 48.5 % |
ROA | 0.9 % | 0.9 % | -1.0 % | 0.3 % | 3.8 % |
ROE | 1.3 % | 1.1 % | -3.1 % | -5.4 % | 2.4 % |
ROI | 1.0 % | 1.0 % | -1.0 % | 0.3 % | 3.8 % |
Economic value added (EVA) | -79.55 | -72.94 | -89.26 | -69.99 | -28.99 |
Solvency | |||||
Equity ratio | 36.3 % | 33.3 % | 36.5 % | 36.3 % | 36.9 % |
Gearing | 158.7 % | 179.3 % | 174.3 % | 175.5 % | 170.7 % |
Relative net indebtedness % | 809.6 % | 887.8 % | 1105.3 % | 854.7 % | 784.6 % |
Liquidity | |||||
Quick ratio | 4.6 | 2.9 | 80.9 | 17.2 | 1.3 |
Current ratio | 4.6 | 2.9 | 80.9 | 17.2 | 1.3 |
Cash and cash equivalents | 490.38 | 339.27 | 136.41 | 25.49 | 34.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 478.0 % | 261.4 % | 207.3 % | 45.9 % | 12.3 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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