HOLDING SOLINA DENMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 380.31 | 361.04 | 330.05 | 327.33 | 348.45 |
Gross profit | 84.04 | 95.96 | 95.87 | 99.56 | 109.12 |
EBIT | 14.58 | 28.01 | 25.62 | 26.24 | 27.75 |
Net earnings | 6.44 | 17.10 | 15.93 | 17.54 | 18.57 |
Shareholders equity total | 26.85 | 31.46 | 39.43 | 21.57 | 40.59 |
Balance sheet total (assets) | 201.41 | 177.27 | 163.76 | 144.88 | 167.73 |
Net debt | 71.78 | 54.66 | 52.90 | 56.80 | 39.82 |
Profitability | |||||
EBIT-% | 3.8 % | 7.8 % | 7.8 % | 8.0 % | 8.0 % |
ROA | 7.8 % | 14.8 % | 15.1 % | 17.2 % | 17.9 % |
ROE | 27.1 % | 58.6 % | 44.9 % | 57.5 % | 59.7 % |
ROI | 10.4 % | 20.5 % | 20.4 % | 23.7 % | 25.8 % |
Economic value added (EVA) | 9.92 | 22.27 | 19.91 | 20.12 | 21.50 |
Solvency | |||||
Equity ratio | 13.3 % | 17.7 % | 24.1 % | 14.9 % | 24.2 % |
Gearing | 426.8 % | 289.7 % | 214.9 % | 350.6 % | 189.6 % |
Relative net indebtedness % | 33.4 % | 29.3 % | 27.6 % | 31.6 % | 25.6 % |
Liquidity | |||||
Quick ratio | 0.6 | 1.8 | 2.3 | 1.7 | 1.8 |
Current ratio | 0.9 | 2.7 | 3.4 | 2.5 | 2.7 |
Cash and cash equivalents | 42.81 | 36.48 | 31.83 | 18.81 | 37.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 53.0 | 53.4 | 51.6 | 51.8 | 57.7 |
Net working capital % | -3.8 % | 24.5 % | 29.6 % | 23.1 % | 27.2 % |
Credit risk | |||||
Credit rating | AA | AA | A | A | A |
Variable visualization
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.