SOLBAKKEN A/S — Credit Rating and Financial Key Figures

CVR number: 11820484
Torvegade 5 A, 3000 Helsingør
tel: 49252066

Company information

Official name
SOLBAKKEN A/S
Established
1987
Company form
Limited company
Industry

About SOLBAKKEN A/S

SOLBAKKEN A/S (CVR number: 11820484) is a company from HELSINGØR. The company recorded a gross profit of 1342.1 kDKK in 2024. The operating profit was 1325 kDKK, while net earnings were 2035.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good and Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SOLBAKKEN A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit959.83985.79694.151 496.711 342.09
EBIT942.71968.67677.031 479.591 324.97
Net earnings1 150.713 335.24- 119.291 468.452 035.53
Shareholders equity total19 965.7621 601.0021 481.7220 950.1615 985.69
Balance sheet total (assets)21 290.2823 822.6123 172.7121 978.6117 672.39
Net debt-1 702.46-3 289.91-6 209.78-5 957.58-1 937.18
Profitability
EBIT-%
ROA6.6 %19.0 %7.2 %10.4 %13.2 %
ROE5.4 %16.0 %-0.6 %6.9 %11.0 %
ROI7.0 %20.4 %7.8 %11.0 %14.1 %
Economic value added (EVA)-74.31- 100.42- 318.92448.05342.35
Solvency
Equity ratio93.8 %90.7 %92.7 %95.3 %90.5 %
Gearing1.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.73.96.41.2
Current ratio8.15.59.015.01.2
Cash and cash equivalents1 702.463 552.516 209.785 957.581 937.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:13.2%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.5%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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