AS Solvarmeservice ApS — Credit Rating and Financial Key Figures

CVR number: 10778530
Øster Kærvej 10, 9700 Brønderslev
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Company information

Official name
AS Solvarmeservice ApS
Personnel
1 person
Established
1987
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-18 342.00147.0060.00-19.75
EBIT-56 102.00147.0060.00-18.78
Net earnings-50 015.00-7 255.00-6 583.00-13.57
Shareholders equity total- 115 326.00- 121 269.00- 127 852.00600.00586.43
Balance sheet total (assets)63 519.0014 263.009 866.005 772.002 866.64
Net debt134 052.00117 309.00127 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 ratio0.20.10.13.81.5
Current ratio0.30.10.13.81.5
Cash and cash equivalents912.00496.003 641.00600.63234.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-0.22%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.5%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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