Sølyst Biler ApS — Credit Rating and Financial Key Figures

CVR number: 40047190
Tietgensvej 10, 8600 Silkeborg

Credit rating

Company information

Official name
Sølyst Biler ApS
Personnel
2 persons
Established
2018
Company form
Private limited company
Industry

About Sølyst Biler ApS

Sølyst Biler ApS (CVR number: 40047190) is a company from SILKEBORG. The company recorded a gross profit of 1738.4 kDKK in 2024. The operating profit was 1000.7 kDKK, while net earnings were 679.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.2 %, which can be considered excellent and Return on Equity (ROE) was 59.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53 %, 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. Sølyst Biler ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit922.54637.11615.551 355.051 738.38
EBIT236.39225.77- 114.70677.321 000.74
Net earnings177.61161.26- 115.47504.23679.30
Shareholders equity total519.91581.17351.30855.531 412.83
Balance sheet total (assets)1 199.271 043.521 468.672 311.402 665.38
Net debt-11.60143.66943.281 076.16692.23
Profitability
EBIT-%
ROA20.7 %20.1 %-9.1 %35.8 %40.2 %
ROE36.9 %29.3 %-24.8 %83.6 %59.9 %
ROI35.2 %25.5 %-10.6 %42.0 %49.6 %
Economic value added (EVA)185.13169.03- 114.57539.71705.52
Solvency
Equity ratio43.4 %55.7 %23.9 %37.0 %53.0 %
Gearing73.2 %49.5 %268.5 %125.8 %49.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.50.10.10.0
Current ratio1.82.31.31.62.1
Cash and cash equivalents392.27144.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:40.2%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.0%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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