NETSOLUTIONS ApS — Credit Rating and Financial Key Figures

CVR number: 28862466
Lyskær 3 F, 2730 Herlev
tel: 70205161

Credit rating

Company information

Official name
NETSOLUTIONS ApS
Personnel
19 persons
Established
2005
Company form
Private limited company
Industry

About NETSOLUTIONS ApS

NETSOLUTIONS ApS (CVR number: 28862466) is a company from HERLEV. The company reported a net sales of 161.6 mDKK in 2023, demonstrating a growth of 36.2 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 3.2 mDKK), while net earnings were 2511.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent and Return on Equity (ROE) was 69.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.8 %, 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. NETSOLUTIONS ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales116.57105.7091.38118.68161.64
Gross profit12.3213.5712.1813.9620.55
EBIT0.111.48-0.771.263.17
Net earnings0.011.13-0.730.952.51
Shareholders equity total1.722.281.412.364.87
Balance sheet total (assets)20.8415.3712.2720.3222.31
Net debt2.56-0.950.460.77-2.68
Profitability
EBIT-%0.1 %1.4 %-0.8 %1.1 %2.0 %
ROA0.6 %9.5 %-4.1 %8.0 %15.6 %
ROE0.5 %56.7 %-39.4 %50.4 %69.5 %
ROI3.4 %52.6 %-21.3 %41.8 %82.1 %
Economic value added (EVA)-0.001.05-0.840.912.24
Solvency
Equity ratio8.2 %14.8 %11.5 %11.6 %21.8 %
Gearing148.8 %32.5 %32.6 %1.4 %
Relative net indebtedness %16.4 %11.5 %11.9 %15.1 %9.1 %
Liquidity
Quick ratio1.01.01.11.11.3
Current ratio1.11.11.21.21.3
Cash and cash equivalents0.952.74
Capital use efficiency
Trade debtors turnover (days)58.329.843.858.340.1
Net working capital %1.0 %1.8 %1.8 %2.2 %3.3 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:15.6%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.8%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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