SOLRØD AUTOMOBILER ApS — Credit Rating and Financial Key Figures

SOLRØD AUTOMOBILER ApS (CVR number: 36200197) is a company from STEVNS. The company recorded a gross profit of 137 kDKK in 2016. The operating profit was 9.1 kDKK, while net earnings were 7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 53.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SOLRØD AUTOMOBILER ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.