SOLGRUND EJENDOMSADMINISTRATION A/S — Credit Rating and Financial Key Figures

CVR number: 13896593
Rantzausgade 6, 2200 København N
tel: 35364801

Credit rating

Company information

Official name
SOLGRUND EJENDOMSADMINISTRATION A/S
Personnel
3 persons
Established
1990
Company form
Limited company
Industry

About SOLGRUND EJENDOMSADMINISTRATION A/S

SOLGRUND EJENDOMSADMINISTRATION A/S (CVR number: 13896593) is a company from KØBENHAVN. The company recorded a gross profit of 965.5 kDKK in 2023. The operating profit was -144.9 kDKK, while net earnings were -42.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.3 %, 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. SOLGRUND EJENDOMSADMINISTRATION A/S's liquidity measured by quick ratio was 4.3 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 641.793 236.681 752.801 935.92965.51
EBIT50.81933.19113.9173.24- 144.86
Net earnings73.00758.63118.5293.33-42.23
Shareholders equity total637.791 396.431 514.951 608.281 566.04
Balance sheet total (assets)1 627.432 308.321 913.942 148.432 025.35
Net debt- 138.92- 542.52- 433.42- 262.50- 134.38
Profitability
EBIT-%
ROA5.9 %49.7 %7.8 %6.1 %-2.3 %
ROE10.4 %74.6 %8.1 %6.0 %-2.7 %
ROI12.8 %93.7 %11.2 %8.0 %-3.1 %
Economic value added (EVA)2.14701.0742.531.37- 187.09
Solvency
Equity ratio39.2 %60.5 %79.2 %74.9 %77.3 %
Gearing0.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.62.44.73.94.3
Current ratio1.62.44.73.94.3
Cash and cash equivalents138.92542.52433.42263.32134.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-2.35%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.3%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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