Solrac Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | -6.25 | -4.50 |
EBIT | -6.25 | -4.50 |
Net earnings | -6.41 | -4.39 |
Shareholders equity total | 33.59 | 29.20 |
Balance sheet total (assets) | 57.34 | 52.95 |
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 ratio | 58.6 % | 55.1 % |
Gearing | ||
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 1.7 | 1.5 |
Current ratio | 1.7 | 1.5 |
Cash and cash equivalents | 39.84 | 33.98 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | BB | BB |
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