Solbyg huset aps — Credit Rating and Financial Key Figures

CVR number: 35663606
Mejsevej 61, 9700 Brønderslev
jenschr@solbyg.dk
tel: 40333975

Credit rating

Company information

Official name
Solbyg huset aps
Established
2014
Company form
Private limited company
Industry

About Solbyg huset aps

Solbyg huset aps (CVR number: 35663606) is a company from Brønderslev. The company recorded a gross profit of 224.9 kDKK in 2023. The operating profit was 184.7 kDKK, while net earnings were 143.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good but Return on Equity (ROE) was 20.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.3 %, 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. Solbyg huset aps's liquidity measured by quick ratio was 1.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit719.75338.31311.23130.30224.87
EBIT719.75338.3161.23130.30184.74
Net earnings582.30255.1333.6093.89143.80
Shareholders equity total590.34734.87655.47634.97778.77
Balance sheet total (assets)1 394.373 057.391 660.631 828.002 086.18
Net debt261.20-48.97- 454.7151.55- 496.05
Profitability
EBIT-%
ROA47.2 %15.2 %2.6 %7.5 %9.5 %
ROE194.6 %38.5 %4.8 %14.6 %20.3 %
ROI56.5 %18.7 %3.0 %8.9 %13.0 %
Economic value added (EVA)594.69244.38103.99136.89145.68
Solvency
Equity ratio42.3 %24.0 %39.5 %34.7 %37.3 %
Gearing82.6 %246.3 %137.9 %113.0 %92.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.31.71.51.6
Current ratio0.51.31.71.51.6
Cash and cash equivalents226.411 859.321 358.69665.951 213.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:9.46%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.3%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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