Solrac Holding ApS — Credit Rating and Financial Key Figures

CVR number: 43214330
Højkildevej 48, Ørum 8721 Daugård

Credit rating

Company information

Official name
Solrac Holding ApS
Established
2022
Domicile
Ørum
Company form
Private limited company
Industry
  • Expand more icon642120

About Solrac Holding ApS

Solrac Holding ApS (CVR number: 43214330) is a company from HEDENSTED. The company recorded a gross profit of -4.5 kDKK in 2023. The operating profit was -4.5 kDKK, while net earnings were -4.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8 %, which can be considered poor and Return on Equity (ROE) was -14 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.1 %, 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. Solrac Holding ApS's liquidity measured by quick ratio was 1.5 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
2022
2023
Volume
Net sales
Gross profit-6.25-4.50
EBIT-6.25-4.50
Net earnings-6.41-4.39
Shareholders equity total33.5929.20
Balance sheet total (assets)57.3452.95
Net debt-39.84-33.98
Profitability
EBIT-%
ROA-10.9 %-8.0 %
ROE-19.1 %-14.0 %
ROI-18.6 %-14.0 %
Economic value added (EVA)-6.25-4.18
Solvency
Equity ratio58.6 %55.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.71.5
Current ratio1.71.5
Cash and cash equivalents39.8433.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-7.96%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.1%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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