SØLUND EJENDOMSINVEST Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SØLUND EJENDOMSINVEST Holding A/S
SØLUND EJENDOMSINVEST Holding A/S (CVR number: 31493129) is a company from AALBORG. The company recorded a gross profit of 55.5 kDKK in 2023. The operating profit was -997.5 kDKK, while net earnings were 11.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.2 %, which can be considered excellent and Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØLUND EJENDOMSINVEST Holding A/S's liquidity measured by quick ratio was 13.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 485.93 | - 350.75 | - 451.05 | 99.16 | 55.50 |
EBIT | -1 181.03 | -1 172.73 | -1 287.45 | 1 518.87 | - 997.51 |
Net earnings | 5 025.05 | 5 495.46 | 2 624.95 | 1 692.41 | 11 200.15 |
Shareholders equity total | 57 243.44 | 59 738.90 | 60 863.85 | 62 556.26 | 73 636.61 |
Balance sheet total (assets) | 66 091.80 | 60 564.65 | 64 359.55 | 80 944.43 | 86 451.26 |
Net debt | 256.91 | -21 783.75 | -13 819.71 | -17 924.60 | -39 753.85 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.2 % | 9.6 % | 6.2 % | 3.7 % | 17.2 % |
ROE | 9.0 % | 9.4 % | 4.4 % | 2.7 % | 16.4 % |
ROI | 8.7 % | 9.9 % | 6.3 % | 4.0 % | 20.0 % |
Economic value added (EVA) | -1 348.33 | -1 390.35 | -2 200.49 | - 302.01 | -1 957.88 |
Solvency | |||||
Equity ratio | 86.6 % | 98.6 % | 94.6 % | 77.3 % | 85.2 % |
Gearing | 10.1 % | 0.9 % | 4.5 % | 10.8 % | 1.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.2 | 53.6 | 12.4 | 5.3 | 13.8 |
Current ratio | 4.2 | 53.6 | 12.4 | 5.3 | 13.8 |
Cash and cash equivalents | 5 523.72 | 22 342.56 | 16 559.89 | 24 693.28 | 40 958.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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