Solbrinken 2013 ApS — Credit Rating and Financial Key Figures

CVR number: 35521674
Solbrinken 20, 8300 Odder
stefan@aertefabrikken.dk
tel: 40715105
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Company information

Official name
Solbrinken 2013 ApS
Personnel
29 persons
Established
2013
Company form
Private limited company
Industry

About Solbrinken 2013 ApS

Solbrinken 2013 ApS (CVR number: 35521674) is a company from ODDER. The company recorded a gross profit of 946.6 kDKK in 2024. The operating profit was -325.6 kDKK, while net earnings were -337.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8 %, which can be considered poor and Return on Equity (ROE) was -17.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -58.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Solbrinken 2013 ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit5 331.045 896.575 521.025 188.37946.59
EBIT1 223.611 078.62- 437.53- 422.26- 325.58
Net earnings1 174.78978.42- 679.54- 527.16- 337.86
Shareholders equity total-1 734.12- 755.70-1 435.24-1 962.40-2 328.64
Balance sheet total (assets)1 482.762 015.531 577.822 202.571 640.18
Net debt218.93- 241.46-74.01- 297.1749.17
Profitability
EBIT-%
ROA33.8 %37.0 %-14.8 %-11.8 %-8.0 %
ROE79.4 %55.9 %-37.8 %-27.9 %-17.6 %
ROI128.7 %399.8 %-657.5 %-203.2 %-109.6 %
Economic value added (EVA)1 290.831 081.61- 401.15- 350.13- 232.27
Solvency
Equity ratio-53.9 %-27.3 %-47.6 %-47.1 %-58.7 %
Gearing-24.5 %-4.2 %-0.1 %-5.4 %-7.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.60.30.50.3
Current ratio0.50.70.50.60.4
Cash and cash equivalents205.74273.0175.14402.65130.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBCBB

Variable visualization

ROA:-8.01%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-58.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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