SOLBAADEN ApS — Credit Rating and Financial Key Figures

SOLBAADEN ApS (CVR number: 33054963) is a company from AARHUS. The company reported a net sales of 2.3 mDKK in 2023, demonstrating a decline of -15.2 % compared to the previous year. The operating profit percentage was at 9.3 % (EBIT: 0.2 mDKK), while net earnings were 125.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 84.3 %, which can be considered excellent and Return on Equity (ROE) was 157 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.9 %, 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. SOLBAADEN 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.