Credit rating
Company information
About SOLUTION ApS
SOLUTION ApS (CVR number: 26612691) is a company from HEDENSTED. The company recorded a gross profit of -10.9 kDKK in 2024. The operating profit was -10.9 kDKK, while net earnings were -12.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27 %, which can be considered poor and Return on Equity (ROE) was -49.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.6 %, 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. SOLUTION ApS's liquidity measured by quick ratio was 2.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -14.01 | 113.76 | - 316.22 | -15.59 | -10.86 |
EBIT | -14.01 | 113.76 | - 316.22 | -15.59 | -10.86 |
Net earnings | -17.70 | 63.25 | - 247.78 | -13.29 | -12.59 |
Shareholders equity total | 229.53 | 292.79 | 45.01 | 31.72 | 19.13 |
Balance sheet total (assets) | 644.16 | 904.83 | 103.11 | 44.68 | 32.09 |
Net debt | - 598.16 | -97.97 | 12.79 | -11.65 | -0.97 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.1 % | 14.7 % | -62.3 % | -21.1 % | -27.0 % |
ROE | -7.4 % | 24.2 % | -146.7 % | -34.6 % | -49.5 % |
ROI | -5.9 % | 42.0 % | -155.6 % | -24.8 % | -36.5 % |
Economic value added (EVA) | -13.87 | 86.47 | - 255.47 | -12.75 | -14.05 |
Solvency | |||||
Equity ratio | 35.6 % | 32.4 % | 43.7 % | 71.0 % | 59.6 % |
Gearing | 6.6 % | 102.2 % | 9.3 % | 15.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.5 | 1.8 | 3.4 | 2.5 |
Current ratio | 1.6 | 1.5 | 1.8 | 3.4 | 2.5 |
Cash and cash equivalents | 598.16 | 117.33 | 33.22 | 14.62 | 3.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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