Solvang Genetics ApS — Credit Rating and Financial Key Figures

CVR number: 42924911
Alleshavevej 64, 4593 Eskebjerg

Credit rating

Company information

Official name
Solvang Genetics ApS
Personnel
9 persons
Established
2021
Company form
Private limited company
Industry

About Solvang Genetics ApS

Solvang Genetics ApS (CVR number: 42924911) is a company from KALUNDBORG. The company recorded a gross profit of 6019 kDKK in 2024. The operating profit was 1768.3 kDKK, while net earnings were 358.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 20.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Solvang Genetics ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit765.387 947.196 018.99
EBIT- 391.573 802.421 768.33
Net earnings- 826.892 317.80358.07
Shareholders equity total- 786.891 530.911 888.98
Balance sheet total (assets)20 575.4620 391.9621 123.73
Net debt19 308.6516 156.3016 907.21
Profitability
EBIT-%
ROA-1.7 %18.9 %8.7 %
ROE-4.0 %21.0 %20.9 %
ROI-1.8 %20.2 %9.2 %
Economic value added (EVA)- 321.872 154.3687.64
Solvency
Equity ratio-3.7 %7.5 %8.9 %
Gearing-2553.0 %1113.3 %942.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.50.2
Current ratio4.55.22.2
Cash and cash equivalents780.30886.73886.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:8.66%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.94%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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