SOLRØD EL-FORRETNING ApS — Credit Rating and Financial Key Figures

CVR number: 20652772
Flasken 3, Solrød 2680 Solrød Strand

Credit rating

Company information

Official name
SOLRØD EL-FORRETNING ApS
Personnel
8 persons
Established
1998
Domicile
Solrød
Company form
Private limited company
Industry

About SOLRØD EL-FORRETNING ApS

SOLRØD EL-FORRETNING ApS (CVR number: 20652772) is a company from SOLRØD. The company recorded a gross profit of 3404.7 kDKK in 2023. The operating profit was 478.6 kDKK, while net earnings were 378.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.6 %, which can be considered excellent and Return on Equity (ROE) was 33.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SOLRØD EL-FORRETNING ApS's liquidity measured by quick ratio was 1.8 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 profit2 467.712 752.583 299.043 299.043 404.75
EBIT76.27237.94406.26406.26478.59
Net earnings65.20182.68316.41316.41378.22
Shareholders equity total875.51858.181 089.291 089.291 167.51
Balance sheet total (assets)1 944.991 944.152 203.882 203.882 166.77
Net debt- 443.94- 135.29- 413.60- 413.60- 183.93
Profitability
EBIT-%
ROA4.7 %12.2 %19.9 %18.7 %22.6 %
ROE6.9 %21.1 %32.5 %29.0 %33.5 %
ROI9.5 %26.7 %41.8 %37.9 %43.8 %
Economic value added (EVA)38.97167.04282.17283.23339.26
Solvency
Equity ratio45.0 %44.1 %49.1 %49.4 %53.9 %
Gearing2.7 %3.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.11.51.51.8
Current ratio1.51.31.81.82.1
Cash and cash equivalents467.36161.45413.60413.60183.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:22.6%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.9%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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