SOLRØD SPILDEVAND A/S — Credit Rating and Financial Key Figures
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 32.9 mDKK in 2024, demonstrating a growth of 11.5 % compared to the previous year. The operating profit percentage was at 18 % (EBIT: 5.9 mDKK), while net earnings were 5774 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.9 %, 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 2.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 32.91 | 30.61 | 33.20 | 29.50 | 32.88 |
Gross profit | 13.96 | 10.63 | 11.71 | 5.95 | 8.73 |
EBIT | 11.95 | 7.60 | 9.38 | 4.28 | 5.92 |
Net earnings | 11.05 | 7.10 | 9.53 | 4.13 | 5.77 |
Shareholders equity total | 276.31 | 284.21 | 296.00 | 299.88 | 305.45 |
Balance sheet total (assets) | 399.26 | 425.16 | 434.70 | 433.30 | 443.31 |
Net debt | 43.10 | 20.38 | 10.79 | 15.14 | 27.18 |
Profitability | |||||
EBIT-% | 36.3 % | 24.8 % | 28.2 % | 14.5 % | 18.0 % |
ROA | 3.2 % | 1.9 % | 2.3 % | 1.2 % | 1.6 % |
ROE | 4.1 % | 2.5 % | 3.3 % | 1.4 % | 1.9 % |
ROI | 3.8 % | 2.3 % | 2.9 % | 1.5 % | 2.0 % |
Economic value added (EVA) | -3.77 | -8.35 | -6.66 | -13.01 | -11.41 |
Solvency | |||||
Equity ratio | 69.2 % | 66.8 % | 68.1 % | 69.2 % | 68.9 % |
Gearing | 18.1 % | 17.2 % | 16.1 % | 15.4 % | 16.4 % |
Relative net indebtedness % | 352.9 % | 367.1 % | 307.2 % | 347.3 % | 349.8 % |
Liquidity | |||||
Quick ratio | 3.7 | 4.6 | 3.6 | 3.9 | 2.4 |
Current ratio | 3.7 | 4.6 | 3.6 | 3.9 | 2.4 |
Cash and cash equivalents | 6.82 | 28.57 | 36.72 | 30.97 | 22.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 349.7 | 258.8 | 3.9 | 17.5 | 12.5 |
Net working capital % | 93.7 % | 134.2 % | 94.3 % | 95.8 % | 50.8 % |
Credit risk | |||||
Credit rating | AA | AA | AAA | AA | AAA |
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