SOLUTION57 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOLUTION57 ApS
SOLUTION57 ApS (CVR number: 34800928) is a company from AALBORG. The company recorded a gross profit of 1452.6 kDKK in 2024. The operating profit was 13 kDKK, while net earnings were -23.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.9 %, 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. SOLUTION57 ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 36.23 | 87.64 | 1 969.77 | 2 368.98 | 1 452.56 |
| EBIT | 29.32 | 87.64 | 1 484.01 | -41.61 | 13.04 |
| Net earnings | 1.61 | 86.11 | 1 132.51 | -50.63 | -23.52 |
| Shareholders equity total | 237.63 | 323.75 | 1 456.26 | 1 405.63 | 476.48 |
| Balance sheet total (assets) | 1 002.32 | 774.53 | 1 887.82 | 1 688.77 | 1 038.36 |
| Net debt | -82.42 | 353.89 | - 815.16 | - 630.14 | - 113.06 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 4.1 % | 14.1 % | 114.9 % | 0.2 % | 1.6 % |
| ROE | 0.7 % | 30.7 % | 127.2 % | -3.5 % | -2.5 % |
| ROI | 16.5 % | 26.0 % | 138.3 % | 0.3 % | 1.8 % |
| Economic value added (EVA) | 17.46 | 56.46 | 1 120.94 | - 107.49 | -71.13 |
| Solvency | |||||
| Equity ratio | 23.7 % | 41.8 % | 77.1 % | 83.2 % | 45.9 % |
| Gearing | 123.7 % | 1.7 % | 13.7 % | 80.8 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 28.8 | 21.4 | 4.9 | 1.4 |
| Current ratio | 1.3 | 28.8 | 21.4 | 4.9 | 1.4 |
| Cash and cash equivalents | 82.42 | 46.66 | 839.82 | 822.75 | 497.98 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | BBB | BBB |
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