SOL IKAST ApS — Credit Rating and Financial Key Figures

CVR number: 33777302
H C Lumbyes Vej 15, 7430 Ikast

Company information

Official name
SOL IKAST ApS
Established
2011
Company form
Private limited company
Industry

About SOL IKAST ApS

SOL IKAST ApS (CVR number: 33777302) is a company from IKAST-BRANDE. The company recorded a gross profit of -13.9 kDKK in 2023. The operating profit was -13.9 kDKK, while net earnings were 801.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.9 %, 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. SOL IKAST ApS's liquidity measured by quick ratio was 1.7 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-3.94370.50-7.75-9.00-13.88
EBIT-3.94370.50-7.75-9.00-13.88
Net earnings224.081 978.55699.481 206.80801.26
Shareholders equity total284.642 208.182 851.164 000.754 743.12
Balance sheet total (assets)7 933.209 375.9910 055.6010 527.1011 584.97
Net debt- 196.50- 841.63-1 087.66- 697.20-1 195.74
Profitability
EBIT-%
ROA6.0 %24.6 %9.1 %14.0 %8.4 %
ROE129.8 %158.7 %27.7 %35.2 %18.3 %
ROI6.2 %24.9 %9.1 %19.3 %17.8 %
Economic value added (EVA)1.64732.16346.17347.43295.04
Solvency
Equity ratio3.6 %23.6 %28.4 %38.0 %40.9 %
Gearing47.2 %40.0 %20.9 %18.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.82.11.61.7
Current ratio1.31.82.11.61.7
Cash and cash equivalents196.501 882.872 227.971 534.282 049.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:8.38%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.9%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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