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 -558.4 kDKK in 2024. The operating profit was -989.5 kDKK, while net earnings were -553.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22 %, which can be considered poor and Return on Equity (ROE) was -39.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -68.4 %. 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 11.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 314.88 | 520.55 | 1 256.24 | - 192.30 | - 558.43 |
EBIT | - 424.98 | - 590.49 | - 575.25 | -1 038.48 | - 989.51 |
Net earnings | - 355.98 | - 481.34 | - 491.71 | -1 088.44 | - 553.63 |
Shareholders equity total | - 779.80 | -1 261.14 | -1 752.85 | -2 841.30 | -3 394.93 |
Balance sheet total (assets) | 1 636.83 | 1 784.24 | 2 047.14 | 1 214.26 | 1 564.99 |
Net debt | 2 046.41 | 2 348.00 | 2 885.89 | 3 842.54 | 4 721.58 |
Profitability | |||||
EBIT-% | |||||
ROA | -18.2 % | -21.6 % | -16.8 % | -26.4 % | -22.0 % |
ROE | -20.5 % | -28.1 % | -25.7 % | -66.7 % | -39.8 % |
ROI | -19.3 % | -23.8 % | -18.3 % | -27.6 % | -22.3 % |
Economic value added (EVA) | - 421.09 | - 531.92 | - 524.55 | -1 126.72 | - 761.15 |
Solvency | |||||
Equity ratio | -32.8 % | -41.4 % | -46.1 % | -70.1 % | -68.4 % |
Gearing | -282.1 % | -219.7 % | -200.2 % | -141.0 % | -143.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 0.9 | 3.0 | 14.7 | 11.6 |
Current ratio | 1.4 | 0.9 | 3.0 | 14.7 | 11.6 |
Cash and cash equivalents | 153.18 | 422.63 | 623.06 | 164.85 | 135.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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