SOLUTE ApS

CVR number: 28123655
Ole Worms Vej 9, 7500 Holstebro
j.rasmussen.owv9@gmail.com
tel: 29656656

Credit rating

Company information

Official name
SOLUTE ApS
Established
2004
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About SOLUTE ApS

SOLUTE ApS (CVR number: 28123655) is a company from HOLSTEBRO. The company recorded a gross profit of 0 kDKK in 2022. The operating profit was 0 kDKK, while net earnings were -99.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.2 %, which can be considered poor and Return on Equity (ROE) was -25.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.8 %, 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. SOLUTE ApS's liquidity measured by quick ratio was 2.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit-9.89-3.61-15.43-0.06
EBIT-9.89-3.61-15.43-0.06
Net earnings-10.99-10.91-30.6395.37-99.43
Shareholders equity total722.80711.89462.65445.02345.59
Balance sheet total (assets)739.21733.89636.38701.09587.66
Net debt- 732.59- 724.65- 450.17- 457.45- 345.59
Profitability
EBIT-%
ROA2.7 %1.4 %3.7 %18.3 %-14.2 %
ROE-1.5 %-1.5 %-5.2 %21.0 %-25.2 %
ROI2.8 %1.4 %3.8 %18.7 %-14.4 %
Economic value added (EVA)-44.40-2.32-11.447.3512.79
Solvency
Equity ratio97.8 %97.0 %72.7 %63.5 %58.8 %
Gearing34.5 %54.4 %70.0 %
Relative net indebtedness %
Liquidity
Quick ratio45.133.43.72.72.4
Current ratio45.133.43.72.72.4
Cash and cash equivalents732.59724.65609.75699.52587.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-14.2%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.8%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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