SOLBAKKEN HOLDING ApS — Credit Rating and Financial Key Figures

SOLBAKKEN HOLDING ApS (CVR number: 25725204) is a company from HJØRRING. The company reported a net sales of 0 mDKK in 2017, demonstrating a decline of -44.3 % compared to the previous year. The operating profit percentage was at 31.4 % (EBIT: 0 mDKK), while net earnings were 2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SOLBAKKEN HOLDING ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.