HOLDING SOLINA DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 34073910
Niels Bohrs Vej 55, Stilling 8660 Skanderborg

Company information

Official name
HOLDING SOLINA DENMARK ApS
Established
2011
Domicile
Stilling
Company form
Private limited company
Industry

About HOLDING SOLINA DENMARK ApS

HOLDING SOLINA DENMARK ApS (CVR number: 34073910K) is a company from SKANDERBORG. The company reported a net sales of 348.4 mDKK in 2021, demonstrating a growth of 6.5 % compared to the previous year. The operating profit percentage was at 8 % (EBIT: 27.7 mDKK), while net earnings were 18.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 59.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.2 %, 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. HOLDING SOLINA DENMARK ApS's liquidity measured by quick ratio was 1.8 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales380.31361.04330.05327.33348.45
Gross profit84.0495.9695.8799.56109.12
EBIT14.5828.0125.6226.2427.75
Net earnings6.4417.1015.9317.5418.57
Shareholders equity total26.8531.4639.4321.5740.59
Balance sheet total (assets)201.41177.27163.76144.88167.73
Net debt71.7854.6652.9056.8039.82
Profitability
EBIT-%3.8 %7.8 %7.8 %8.0 %8.0 %
ROA7.8 %14.8 %15.1 %17.2 %17.9 %
ROE27.1 %58.6 %44.9 %57.5 %59.7 %
ROI10.4 %20.5 %20.4 %23.7 %25.8 %
Economic value added (EVA)9.9222.2719.9120.1221.50
Solvency
Equity ratio13.3 %17.7 %24.1 %14.9 %24.2 %
Gearing426.8 %289.7 %214.9 %350.6 %189.6 %
Relative net indebtedness %33.4 %29.3 %27.6 %31.6 %25.6 %
Liquidity
Quick ratio0.61.82.31.71.8
Current ratio0.92.73.42.52.7
Cash and cash equivalents42.8136.4831.8318.8137.14
Capital use efficiency
Trade debtors turnover (days)53.053.451.651.857.7
Net working capital %-3.8 %24.5 %29.6 %23.1 %27.2 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:17.9%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.2%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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