SOLWANG DESIGN ApS — Credit Rating and Financial Key Figures

CVR number: 31759773
Gl. Hundestedvej 18, 3300 Frederiksværk
tel: 48224421
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Credit rating

Company information

Official name
SOLWANG DESIGN ApS
Personnel
3 persons
Established
2008
Company form
Private limited company
Industry

About SOLWANG DESIGN ApS

SOLWANG DESIGN ApS (CVR number: 31759773) is a company from HALSNÆS. The company recorded a gross profit of 5173 kDKK in 2023. The operating profit was 2960.7 kDKK, while net earnings were 2547 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.6 %, which can be considered excellent and Return on Equity (ROE) was 16.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SOLWANG DESIGN ApS's liquidity measured by quick ratio was 38.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 009.137 247.477 197.875 534.805 173.03
EBIT3 596.875 491.785 005.283 250.902 960.68
Net earnings2 719.654 131.814 144.932 516.912 547.05
Shareholders equity total7 969.479 101.2813 246.2114 763.1216 810.17
Balance sheet total (assets)10 169.7811 133.8214 813.4015 736.3417 862.50
Net debt-4 104.38-3 384.49-5 496.86-7 917.11-10 260.51
Profitability
EBIT-%
ROA41.8 %52.0 %41.7 %22.1 %19.6 %
ROE41.1 %48.4 %37.1 %18.0 %16.1 %
ROI55.0 %64.8 %48.2 %24.0 %20.8 %
Economic value added (EVA)2 615.334 088.293 616.972 146.131 965.06
Solvency
Equity ratio78.4 %81.7 %89.4 %93.8 %94.1 %
Gearing0.1 %0.0 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.14.316.140.138.8
Current ratio6.912.836.971.961.7
Cash and cash equivalents4 104.383 391.095 497.607 917.1110 302.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:19.6%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.1%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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