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SOLVEIG A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOLVEIG A/S
SOLVEIG A/S (CVR number: 29835381) is a company from VEJLE. The company recorded a gross profit of -620.4 kDKK in 2025. The operating profit was -1240 kDKK, while net earnings were -1489.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.4 %, 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. SOLVEIG A/S's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 272.63 | - 396.18 | 546.47 | - 907.94 | - 620.39 |
| EBIT | - 896.73 | - 847.88 | 67.99 | -1 472.22 | -1 239.97 |
| Net earnings | - 534.25 | 4 637.99 | -2 185.49 | 3 118.51 | -1 489.68 |
| Shareholders equity total | 58 094.63 | 62 732.63 | 73 303.84 | 72 922.34 | 71 432.66 |
| Balance sheet total (assets) | 85 399.17 | 91 337.39 | 112 700.92 | 113 668.74 | 126 761.47 |
| Net debt | 22 480.83 | 22 042.20 | 29 777.57 | 15 765.27 | 35 291.71 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.4 % | 11.0 % | -0.8 % | 19.9 % | 2.8 % |
| ROE | -0.9 % | 7.7 % | -3.2 % | 4.3 % | -2.1 % |
| ROI | -0.5 % | 11.6 % | -0.8 % | 21.6 % | 3.3 % |
| Economic value added (EVA) | -4 691.03 | -5 212.06 | -4 235.25 | -7 078.57 | -5 937.59 |
| Solvency | |||||
| Equity ratio | 68.0 % | 68.7 % | 65.0 % | 64.2 % | 56.4 % |
| Gearing | 40.0 % | 36.3 % | 51.6 % | 31.1 % | 52.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 7.8 | 6.0 | 2.7 | 3.2 | 1.6 |
| Current ratio | 7.8 | 6.0 | 2.7 | 3.2 | 1.6 |
| Cash and cash equivalents | 785.75 | 734.88 | 8 024.74 | 6 896.54 | 2 005.11 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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