Solvang Brænde ApS — Credit Rating and Financial Key Figures

CVR number: 37337927
Byrum Hovedgade 1, Byrum 9940 Læsø
solvangbraende@gmail.com
tel: 98491828
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Credit rating

Company information

Official name
Solvang Brænde ApS
Personnel
1 person
Established
2016
Domicile
Byrum
Company form
Private limited company
Industry

About Solvang Brænde ApS

Solvang Brænde ApS (CVR number: 37337927) is a company from LÆSØ. The company recorded a gross profit of 615.2 kDKK in 2024. The operating profit was 461.7 kDKK, while net earnings were 394 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.3 %, which can be considered excellent and Return on Equity (ROE) was 59.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.6 %, 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. Solvang Brænde ApS's liquidity measured by quick ratio was 2.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit439.38380.43322.76211.76615.16
EBIT139.1928.31-0.38- 206.99461.68
Net earnings106.7615.171.71- 202.24393.95
Shareholders equity total655.32665.49662.21463.52857.47
Balance sheet total (assets)1 111.94812.17768.82864.191 370.76
Net debt- 236.11- 105.65- 259.89-34.52-1 001.07
Profitability
EBIT-%
ROA12.0 %2.9 %0.8 %-25.4 %41.3 %
ROE17.7 %2.3 %0.3 %-35.9 %59.6 %
ROI15.8 %3.5 %0.9 %-27.2 %45.2 %
Economic value added (EVA)66.26-29.37-36.32- 236.51351.73
Solvency
Equity ratio58.9 %81.9 %86.1 %53.6 %62.6 %
Gearing39.2 %7.5 %3.3 %80.6 %40.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.32.04.01.22.7
Current ratio2.25.27.12.12.7
Cash and cash equivalents492.71155.42281.44408.211 349.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:41.3%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.6%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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