SOL IKAST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.94 | 370.50 | -7.75 | -9.00 | -13.88 |
EBIT | -3.94 | 370.50 | -7.75 | -9.00 | -13.88 |
Net earnings | 224.08 | 1 978.55 | 699.48 | 1 206.80 | 801.26 |
Shareholders equity total | 284.64 | 2 208.18 | 2 851.16 | 4 000.75 | 4 743.12 |
Balance sheet total (assets) | 7 933.20 | 9 375.99 | 10 055.60 | 10 527.10 | 11 584.97 |
Net debt | - 196.50 | - 841.63 | -1 087.66 | - 697.20 | -1 195.74 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.0 % | 24.6 % | 9.1 % | 14.0 % | 8.4 % |
ROE | 129.8 % | 158.7 % | 27.7 % | 35.2 % | 18.3 % |
ROI | 6.2 % | 24.9 % | 9.1 % | 19.3 % | 17.8 % |
Economic value added (EVA) | 1.64 | 732.16 | 346.17 | 347.43 | 295.04 |
Solvency | |||||
Equity ratio | 3.6 % | 23.6 % | 28.4 % | 38.0 % | 40.9 % |
Gearing | 47.2 % | 40.0 % | 20.9 % | 18.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.8 | 2.1 | 1.6 | 1.7 |
Current ratio | 1.3 | 1.8 | 2.1 | 1.6 | 1.7 |
Cash and cash equivalents | 196.50 | 1 882.87 | 2 227.97 | 1 534.28 | 2 049.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | A | A |
Variable visualization
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