SOLRØD SPILDEVAND A/S
Credit rating
Company information
About SOLRØD SPILDEVAND A/S
SOLRØD SPILDEVAND A/S (CVR number: 33046987) is a company from SOLRØD. The company reported a net sales of 29.5 mDKK in 2023, demonstrating a decline of -11.2 % compared to the previous year. The operating profit percentage was at 14.5 % (EBIT: 4.3 mDKK), while net earnings were 4133 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.2 %, 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. SOLRØD SPILDEVAND A/S's liquidity measured by quick ratio was 3.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 31 181.00 | 32 910.00 | 30 615.00 | 33 203.00 | 29 498.00 |
Gross profit | 11 841.00 | 13 964.00 | 10 634.00 | 11 708.00 | 5 950.00 |
EBIT | 9 392.00 | 11 947.00 | 7 604.00 | 9 377.00 | 4 282.00 |
Net earnings | 7 960.00 | 11 052.00 | 7 098.00 | 9 525.00 | 4 133.00 |
Shareholders equity total | 265 876.00 | 276 309.00 | 284 206.00 | 295 996.00 | 299 876.00 |
Balance sheet total (assets) | 358 829.00 | 399 258.00 | 425 164.00 | 434 703.00 | 433 300.00 |
Net debt | 34 636.00 | 43 103.00 | 20 380.00 | 10 794.00 | 15 142.00 |
Profitability | |||||
EBIT-% | 30.1 % | 36.3 % | 24.8 % | 28.2 % | 14.5 % |
ROA | 2.6 % | 3.2 % | 1.9 % | 2.3 % | 1.2 % |
ROE | 3.0 % | 4.1 % | 2.5 % | 3.3 % | 1.4 % |
ROI | 3.1 % | 3.8 % | 2.3 % | 2.9 % | 1.5 % |
Economic value added (EVA) | 4 947.15 | 6 163.27 | -7 897.11 | -5 142.32 | -10 975.24 |
Solvency | |||||
Equity ratio | 74.1 % | 69.2 % | 66.8 % | 68.1 % | 69.2 % |
Gearing | 16.6 % | 18.1 % | 17.2 % | 16.1 % | 15.4 % |
Relative net indebtedness % | 267.7 % | 352.9 % | 367.1 % | 307.2 % | 347.3 % |
Liquidity | |||||
Quick ratio | 2.1 | 3.7 | 4.6 | 3.6 | 3.9 |
Current ratio | 2.1 | 3.7 | 4.6 | 3.6 | 3.9 |
Cash and cash equivalents | 9 482.00 | 6 815.00 | 28 570.00 | 36 720.00 | 30 969.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 64.1 | 349.7 | 258.8 | 3.9 | 17.5 |
Net working capital % | 30.4 % | 93.7 % | 134.2 % | 94.3 % | 95.8 % |
Credit risk | |||||
Credit rating | AAA | A | AA | AAA | AA |
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