René Solevad Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38790692
Stamholmen 153, 2650 Hvidovre
rp@nytskab.dk

Credit rating

Company information

Official name
René Solevad Holding ApS
Established
2017
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings165.46244.63365.86356.43- 150.07
Shareholders equity total550.92684.95937.811 179.84911.97
Balance sheet total (assets)555.92686.951 648.211 918.891 439.38
Net debt- 352.25- 406.92- 526.60- 929.85- 823.25
Profitability
EBIT-%
ROA31.7 %39.8 %31.8 %21.7 %-6.7 %
ROE31.7 %39.6 %45.1 %33.7 %-14.3 %
ROI32.1 %40.0 %45.7 %36.5 %-10.7 %
Economic value added (EVA)-5.30-1.80-2.0434.8744.00
Solvency
Equity ratio99.1 %99.7 %56.9 %61.5 %63.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio70.5203.50.71.31.6
Current ratio70.5203.50.71.31.6
Cash and cash equivalents352.25406.92526.60929.85823.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAABBB

Variable visualization

ROA:-6.65%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.4%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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