SOLVEIG A/S — Credit Rating and Financial Key Figures

CVR number: 29835381
Borgergade 28, 7323 Give
jette@lcd.dk
tel: 40304070

Credit rating

Company information

Official name
SOLVEIG A/S
Established
2007
Company form
Limited company
Industry
  • Expand more icon474000

About SOLVEIG A/S

SOLVEIG A/S (CVR number: 29835381) is a company from VEJLE. The company recorded a gross profit of -907.9 kDKK in 2024. The operating profit was -1472.2 kDKK, while net earnings were 3118.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.9 %, which can be considered excellent but Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 64.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SOLVEIG A/S's liquidity measured by quick ratio was 3.2 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 profit51.59- 272.63- 396.18546.47- 907.94
EBIT- 752.33- 896.73- 847.8867.99-1 472.22
Net earnings- 338.58- 534.254 637.99-2 185.493 118.51
Shareholders equity total58 628.8958 094.6362 732.6373 303.8472 922.34
Balance sheet total (assets)81 257.8685 399.1791 337.39112 700.92113 668.74
Net debt16 428.6222 480.8322 042.2029 777.5715 765.27
Profitability
EBIT-%
ROA-0.1 %-0.4 %11.0 %-0.8 %19.9 %
ROE-0.6 %-0.9 %7.7 %-3.2 %4.3 %
ROI-0.1 %-0.5 %11.6 %-0.8 %21.6 %
Economic value added (EVA)-4 206.12-4 157.45-4 672.62-3 260.98-4 205.85
Solvency
Equity ratio72.2 %68.0 %68.7 %65.0 %64.2 %
Gearing31.0 %40.0 %36.3 %51.6 %31.1 %
Relative net indebtedness %
Liquidity
Quick ratio6.07.86.02.73.2
Current ratio6.07.86.02.73.2
Cash and cash equivalents1 740.29785.75734.888 024.746 896.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:19.9%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.2%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

Build time: 2025-02-10T13:59:06.172Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.