SØLCO ApS — Credit Rating and Financial Key Figures

CVR number: 85325817
Sandbjergvej 26, 2950 Vedbæk
ps@egtofte.dk
tel: 40258868

Company information

Official name
SØLCO ApS
Personnel
1 person
Established
1978
Company form
Private limited company
Industry

About SØLCO ApS

SØLCO ApS (CVR number: 85325817) is a company from RUDERSDAL. The company recorded a gross profit of -568.7 kDKK in 2023. The operating profit was -1252.9 kDKK, while net earnings were 11.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.5 %, which can be considered excellent but Return on Equity (ROE) was 11.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 87 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØLCO ApS's liquidity measured by quick ratio was 4.2 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 profit64.91- 267.67- 286.67- 448.05- 568.73
EBIT- 297.24- 576.33- 637.62- 879.25-1 252.88
Net earnings- 771.6149 481.32334.0236.0711 570.15
Shareholders equity total47 106.6896 588.0196 922.0396 958.09108 528.24
Balance sheet total (assets)96 307.50127 093.62111 236.64127 975.00124 762.92
Net debt17 684.263 856.66-1 113.034 082.63-34 127.87
Profitability
EBIT-%
ROA-0.2 %47.7 %0.6 %0.9 %18.5 %
ROE-1.6 %68.9 %0.3 %0.0 %11.3 %
ROI-0.3 %63.9 %0.7 %1.1 %21.0 %
Economic value added (EVA)1 206.90905.62-1 563.59-1 684.78-1 792.14
Solvency
Equity ratio48.9 %76.0 %87.1 %75.8 %87.0 %
Gearing37.5 %5.6 %3.2 %4.2 %12.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.21.41.71.34.2
Current ratio0.21.41.71.34.2
Cash and cash equivalents3.211 530.374 261.0510.0847 527.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:18.5%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.0%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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