SOLVEIG A/S — Credit Rating and Financial Key Figures

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

Company information

Official name
SOLVEIG A/S
Established
2007
Company form
Limited company
Industry

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

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

... and more!

No registration needed.