Solgård Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38866079
Langøgade 1, 2100 København Ø

Credit rating

Company information

Official name
Solgård Holding ApS
Established
2017
Company form
Private limited company
Industry

About Solgård Holding ApS

Solgård Holding ApS (CVR number: 38866079) is a company from KØBENHAVN. The company recorded a gross profit of -11.6 kDKK in 2024. The operating profit was -11.6 kDKK, while net earnings were -163.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Solgård Holding ApS's liquidity measured by quick ratio was 11.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-7.69-7.19-10.71-19.87-11.63
EBIT-7.69-7.19-10.71-19.87-11.63
Net earnings814.902 067.861 333.8350.24- 163.50
Shareholders equity total1 955.583 910.435 244.264 841.704 556.21
Balance sheet total (assets)2 953.294 387.625 916.924 889.444 653.34
Net debt340.28- 579.27- 515.73- 636.83- 303.04
Profitability
EBIT-%
ROA37.4 %56.4 %26.6 %0.9 %-3.5 %
ROE50.8 %70.5 %29.1 %1.0 %-3.5 %
ROI42.0 %62.8 %28.7 %1.0 %-3.5 %
Economic value added (EVA)47.39109.20188.54227.68209.63
Solvency
Equity ratio66.2 %89.1 %88.6 %99.0 %97.9 %
Gearing31.3 %2.9 %5.3 %2.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.29.13.026.011.8
Current ratio1.29.13.026.011.8
Cash and cash equivalents272.45693.87793.27636.83392.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:-3.51%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.9%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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