Solo ApS — Credit Rating and Financial Key Figures

CVR number: 35383883
Strøget 38-53, 7430 Ikast
info@sindico.dk

Credit rating

Company information

Official name
Solo ApS
Personnel
7 persons
Established
2013
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Solo ApS

Solo ApS (CVR number: 35383883) is a company from IKAST-BRANDE. The company recorded a gross profit of 2989.2 kDKK in 2023. The operating profit was 572.5 kDKK, while net earnings were 359.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49.5 %, 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. Solo ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 540.052 393.452 561.033 269.772 989.18
EBIT1 490.051 939.851 382.591 136.08572.53
Net earnings1 114.781 422.571 043.44842.11359.70
Shareholders equity total1 171.382 593.952 637.393 381.512 835.23
Balance sheet total (assets)5 029.296 762.128 898.015 785.655 724.05
Net debt2 082.16-2 097.902 168.84968.781 508.12
Profitability
EBIT-%
ROA58.5 %32.9 %17.7 %15.5 %9.9 %
ROE181.6 %75.6 %39.9 %28.0 %11.6 %
ROI78.7 %51.8 %32.2 %24.7 %13.0 %
Economic value added (EVA)1 160.771 475.081 107.83749.50263.99
Solvency
Equity ratio23.3 %38.4 %29.6 %58.4 %49.5 %
Gearing218.4 %45.2 %82.2 %28.8 %55.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.10.70.50.6
Current ratio1.21.61.42.42.0
Cash and cash equivalents475.733 269.135.8956.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:9.95%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.5%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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