René Solevad Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About René Solevad Holding ApS
René Solevad Holding ApS (CVR number: 38790692) is a company from HVIDOVRE. The company recorded a gross profit of -4.4 kDKK in 2023. The operating profit was -4.4 kDKK, while net earnings were -150.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -14.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. René Solevad Holding 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.65 | -2.05 | -2.14 | -0.83 | -4.44 |
EBIT | -5.65 | -2.05 | -2.14 | -0.83 | -4.44 |
Net earnings | 165.46 | 244.63 | 365.86 | 356.43 | - 150.07 |
Shareholders equity total | 550.92 | 684.95 | 937.81 | 1 179.84 | 911.97 |
Balance sheet total (assets) | 555.92 | 686.95 | 1 648.21 | 1 918.89 | 1 439.38 |
Net debt | - 352.25 | - 406.92 | - 526.60 | - 929.85 | - 823.25 |
Profitability | |||||
EBIT-% | |||||
ROA | 31.7 % | 39.8 % | 31.8 % | 21.7 % | -6.7 % |
ROE | 31.7 % | 39.6 % | 45.1 % | 33.7 % | -14.3 % |
ROI | 32.1 % | 40.0 % | 45.7 % | 36.5 % | -10.7 % |
Economic value added (EVA) | -5.30 | -1.80 | -2.04 | 34.87 | 44.00 |
Solvency | |||||
Equity ratio | 99.1 % | 99.7 % | 56.9 % | 61.5 % | 63.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 70.5 | 203.5 | 0.7 | 1.3 | 1.6 |
Current ratio | 70.5 | 203.5 | 0.7 | 1.3 | 1.6 |
Cash and cash equivalents | 352.25 | 406.92 | 526.60 | 929.85 | 823.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | AA | BBB |
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