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 5349.7 kDKK in 2024. The operating profit was 2904.2 kDKK, while net earnings were 2305.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.2 %, which can be considered excellent but Return on Equity (ROE) was 12.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.3 %, 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 59.1 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 profit7 247.477 197.875 534.805 173.035 349.72
EBIT5 491.785 005.283 250.902 960.682 904.17
Net earnings4 131.814 144.932 516.912 547.052 305.20
Shareholders equity total9 101.2813 246.2114 763.1216 810.1719 115.37
Balance sheet total (assets)11 133.8214 813.4015 736.3417 862.5020 064.38
Net debt-3 384.49-5 496.86-7 917.11-10 260.51-9 968.46
Profitability
EBIT-%
ROA52.0 %41.7 %22.1 %19.6 %17.2 %
ROE48.4 %37.1 %18.0 %16.1 %12.8 %
ROI64.8 %48.2 %24.0 %20.8 %18.1 %
Economic value added (EVA)3 881.523 445.641 867.291 564.761 415.81
Solvency
Equity ratio81.7 %89.4 %93.8 %94.1 %95.3 %
Gearing0.1 %0.0 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio4.316.140.138.859.1
Current ratio12.836.971.961.780.1
Cash and cash equivalents3 391.095 497.607 917.1110 302.139 968.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.2%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.3%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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