AS Solvarmeservice ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AS Solvarmeservice ApS
AS Solvarmeservice ApS (CVR number: 10778530) is a company from Brønderslev. The company recorded a gross profit of -19.8 kDKK in 2024. The operating profit was -18.8 kDKK, while net earnings were -13.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.5 %, 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. AS Solvarmeservice ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -18 342.00 | 147.00 | 60.00 | -19.75 | |
| EBIT | -56 102.00 | 147.00 | 60.00 | -18.78 | |
| Net earnings | -50 015.00 | -7 255.00 | -6 583.00 | -13.57 | |
| Shareholders equity total | - 115 326.00 | - 121 269.00 | - 127 852.00 | 600.00 | 586.43 |
| Balance sheet total (assets) | 63 519.00 | 14 263.00 | 9 866.00 | 5 772.00 | 2 866.64 |
| Net debt | 134 052.00 | 117 309.00 | 127 308.00 | - 600.63 | - 234.86 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -29.5 % | -0.4 % | 0.1 % | -0.2 % | |
| ROE | -51.6 % | -18.7 % | -54.6 % | -2.3 % | |
| ROI | -31.9 % | -0.4 % | 0.1 % | -0.4 % | |
| Economic value added (EVA) | -49 463.07 | -2 407.99 | - 597.07 | - 481.80 | - 228.73 |
| Solvency | |||||
| Equity ratio | -64.5 % | -89.5 % | -92.8 % | 10.4 % | 20.5 % |
| Gearing | -117.0 % | -97.1 % | -102.4 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.2 | 0.1 | 0.1 | 3.8 | 1.5 |
| Current ratio | 0.3 | 0.1 | 0.1 | 3.8 | 1.5 |
| Cash and cash equivalents | 912.00 | 496.00 | 3 641.00 | 600.63 | 234.86 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BBB | BB |
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