FONDEN SOLGAARDEN — Credit Rating and Financial Key Figures

FONDEN SOLGAARDEN (CVR number: 53357814) is a company from KØBENHAVN. The company reported a net sales of 11.4 mDKK in 2023, demonstrating a growth of 3.4 % compared to the previous year. The operating profit percentage was at 11.3 % (EBIT: 1.3 mDKK), while net earnings were -62.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FONDEN SOLGAARDEN's liquidity measured by quick ratio was 1.4 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.