EVA SOLO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EVA SOLO A/S
EVA SOLO A/S (CVR number: 30338413K) is a company from BALLERUP. The company recorded a gross profit of 83.4 mDKK in 2023. The operating profit was 18.1 mDKK, while net earnings were 8301.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 30.3 %, 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. EVA SOLO A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 355 811.69 | 339 710.65 | |||
Gross profit | 78 876.10 | 126 880.03 | 114 239.26 | 81 749.56 | 83 368.51 |
EBIT | 25 469.79 | 74 909.78 | 57 712.73 | 25 136.30 | 18 072.32 |
Net earnings | 18 738.90 | 56 929.92 | 40 048.75 | 14 637.53 | 8 301.11 |
Shareholders equity total | 29 093.00 | 71 642.29 | 64 711.46 | 64 938.08 | 63 694.89 |
Balance sheet total (assets) | 175 467.98 | 257 432.20 | 283 963.33 | 272 108.76 | 292 512.62 |
Net debt | 72 863.71 | 100 913.98 | 162 192.34 | 150 539.56 | 166 094.28 |
Profitability | |||||
EBIT-% | 21.1 % | 17.0 % | |||
ROA | 15.2 % | 35.0 % | 21.5 % | 9.1 % | 6.6 % |
ROE | 35.9 % | 113.0 % | 58.7 % | 22.6 % | 12.9 % |
ROI | 21.8 % | 50.3 % | 27.7 % | 10.7 % | 7.7 % |
Economic value added (EVA) | 15 526.61 | 56 001.19 | 39 515.62 | 14 858.73 | 9 088.82 |
Solvency | |||||
Equity ratio | 42.4 % | 43.4 % | 35.1 % | 34.9 % | 30.3 % |
Gearing | 275.0 % | 145.6 % | 253.3 % | 247.4 % | 263.5 % |
Relative net indebtedness % | 49.2 % | 61.6 % | |||
Liquidity | |||||
Quick ratio | 0.8 | 1.1 | 0.5 | 0.5 | 0.4 |
Current ratio | 1.6 | 1.9 | 1.6 | 1.3 | 1.2 |
Cash and cash equivalents | 7 139.32 | 3 424.63 | 1 743.25 | 10 144.65 | 1 749.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 59.2 | 49.8 | |||
Net working capital % | 23.3 % | 20.9 % | |||
Credit risk | |||||
Credit rating | AA | AA | AA | AAA | AAA |
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