Solo ApS — Credit Rating and Financial Key Figures

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

Credit rating

Company information

Official name
Solo ApS
Personnel
3 persons
Established
2013
Company form
Private limited company
Industry

About Solo ApS

Solo ApS (CVR number: 35383883) is a company from IKAST-BRANDE. The company recorded a gross profit of 3392.8 kDKK in 2024. The operating profit was 1403.6 kDKK, while net earnings were 947 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 28.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Solo ApS's liquidity measured by quick ratio was 0.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 393.452 561.033 269.773 052.363 392.82
EBIT1 939.851 382.591 136.08572.531 403.63
Net earnings1 422.571 043.44842.11359.70947.04
Shareholders equity total2 593.952 637.393 381.512 835.233 786.24
Balance sheet total (assets)6 762.128 898.015 785.655 724.0516 370.65
Net debt-2 097.902 168.84968.781 508.128 682.22
Profitability
EBIT-%
ROA32.9 %17.7 %15.5 %9.9 %13.6 %
ROE75.6 %39.9 %28.0 %11.6 %28.6 %
ROI51.8 %32.2 %24.7 %13.0 %17.7 %
Economic value added (EVA)1 322.64884.71640.52219.65857.40
Solvency
Equity ratio38.4 %29.6 %58.4 %49.5 %23.1 %
Gearing45.2 %82.2 %28.8 %55.2 %230.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.70.50.60.5
Current ratio1.61.42.42.01.3
Cash and cash equivalents3 269.135.8956.2060.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:13.6%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.1%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

Companies in the same industry

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