Sølballegaard ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sølballegaard ApS
Sølballegaard ApS (CVR number: 40023550) is a company from SYDDJURS. The company recorded a gross profit of -192.3 kDKK in 2023. The operating profit was -1038.5 kDKK, while net earnings were -1088.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.4 %, which can be considered poor and Return on Equity (ROE) was -66.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -70.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Sølballegaard ApS's liquidity measured by quick ratio was 4 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 | -27.81 | 314.88 | 520.55 | 1 256.24 | - 192.30 |
EBIT | - 643.15 | - 424.98 | - 590.49 | - 575.25 | -1 038.48 |
Net earnings | - 523.82 | - 355.98 | - 481.34 | - 491.71 | -1 088.44 |
Shareholders equity total | - 423.82 | - 779.80 | -1 261.14 | -1 752.85 | -2 841.30 |
Balance sheet total (assets) | 1 828.56 | 1 636.83 | 1 784.24 | 2 047.14 | 1 214.25 |
Net debt | 1 880.27 | 2 046.41 | 2 348.00 | 2 885.89 | 3 842.54 |
Profitability | |||||
EBIT-% | |||||
ROA | -28.6 % | -18.2 % | -21.6 % | -16.8 % | -26.4 % |
ROE | -28.6 % | -20.5 % | -28.1 % | -25.7 % | -66.7 % |
ROI | -29.1 % | -19.3 % | -23.8 % | -18.3 % | -27.6 % |
Economic value added (EVA) | - 502.07 | - 293.79 | - 413.70 | - 364.08 | - 919.09 |
Solvency | |||||
Equity ratio | -18.8 % | -32.8 % | -41.4 % | -46.1 % | -70.1 % |
Gearing | -520.7 % | -282.1 % | -219.7 % | -200.2 % | -141.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 1.6 | 0.9 | 3.0 | 4.0 |
Current ratio | 0.3 | 1.4 | 0.9 | 3.0 | 4.0 |
Cash and cash equivalents | 326.57 | 153.18 | 422.63 | 623.06 | 164.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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