Sølvvej ApS — Credit Rating and Financial Key Figures

CVR number: 38994719
Højmarks Alle 1, 8920 Randers NV
tovgaard@hotmail.com
tel: 40296350

Company information

Official name
Sølvvej ApS
Established
2017
Company form
Private limited company
Industry

About Sølvvej ApS

Sølvvej ApS (CVR number: 38994719) is a company from RANDERS. The company recorded a gross profit of 1610 kDKK in 2024. The operating profit was -4290 kDKK, while net earnings were -3841 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.7 %, which can be considered poor and Return on Equity (ROE) was -46.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Sølvvej ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit1 366.991 430.901 424.611 437.421 609.99
EBIT3 166.994 076.021 674.611 587.42-4 290.01
Net earnings1 899.822 654.17792.99734.94-3 840.98
Shareholders equity total5 952.908 607.079 400.0610 135.006 294.01
Balance sheet total (assets)35 628.7938 745.7138 795.0438 768.0733 336.17
Net debt22 410.6721 442.5022 496.4522 304.3921 977.59
Profitability
EBIT-%
ROA8.9 %11.1 %4.4 %4.2 %-11.7 %
ROE38.0 %36.5 %8.8 %7.5 %-46.8 %
ROI10.6 %12.8 %5.0 %4.6 %-12.8 %
Economic value added (EVA)1 177.241 789.06- 168.46- 252.51-4 850.09
Solvency
Equity ratio16.7 %22.2 %24.2 %26.1 %18.9 %
Gearing383.3 %257.0 %243.9 %222.1 %359.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.60.60.6
Current ratio0.60.60.60.60.6
Cash and cash equivalents406.82678.41431.74208.19628.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABB

Variable visualization

ROA:-11.7%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.9%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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