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Solo ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Solo ApS
Solo ApS (CVR number: 35383883) is a company from IKAST-BRANDE. The company recorded a gross profit of 967.1 kDKK in 2025. The operating profit was -387.1 kDKK, while net earnings were -667.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -19.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.2 %, 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 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 2 561.03 | 3 269.77 | 3 052.36 | 3 392.82 | 967.09 |
| EBIT | 1 382.59 | 1 136.08 | 572.53 | 1 403.63 | - 387.05 |
| Net earnings | 1 043.44 | 842.11 | 359.70 | 947.04 | - 667.68 |
| Shareholders equity total | 2 637.39 | 3 381.51 | 2 835.23 | 3 786.24 | 3 118.56 |
| Balance sheet total (assets) | 8 898.01 | 5 785.65 | 5 724.05 | 16 370.65 | 15 426.53 |
| Net debt | 2 168.84 | 968.78 | 1 508.12 | 8 682.22 | 10 187.63 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 17.7 % | 15.5 % | 9.9 % | 13.6 % | -2.0 % |
| ROE | 39.9 % | 28.0 % | 11.6 % | 28.6 % | -19.3 % |
| ROI | 32.2 % | 24.7 % | 13.0 % | 17.7 % | -2.5 % |
| Economic value added (EVA) | 884.71 | 640.52 | 219.65 | 857.40 | - 936.01 |
| Solvency | |||||
| Equity ratio | 29.6 % | 58.4 % | 49.5 % | 23.1 % | 20.2 % |
| Gearing | 82.2 % | 28.8 % | 55.2 % | 230.9 % | 326.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.7 | 0.5 | 0.6 | 0.5 | 0.6 |
| Current ratio | 1.4 | 2.4 | 2.0 | 1.3 | 1.3 |
| Cash and cash equivalents | 5.89 | 56.20 | 60.17 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BB |
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