SOLVITA APS — Credit Rating and Financial Key Figures

CVR number: 36035366
Slibestenen 15, 4281 Gørlev

Credit rating

Company information

Official name
SOLVITA APS
Personnel
56 persons
Established
2014
Company form
Private limited company
Industry

About SOLVITA APS

SOLVITA APS (CVR number: 36035366) is a company from KALUNDBORG. The company recorded a gross profit of 22.8 mDKK in 2024. The operating profit was 269.3 kDKK, while net earnings were 224.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 17.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SOLVITA APS's liquidity measured by quick ratio was 1.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8 851.699 974.597 736.4915 984.0122 794.65
EBIT2 155.202 282.591 613.231 340.00269.29
Net earnings1 690.551 797.331 239.981 082.81224.31
Shareholders equity total2 542.412 339.741 779.721 662.53886.84
Balance sheet total (assets)4 722.903 535.632 424.675 052.945 295.15
Net debt-1 315.29- 812.67- 241.58- 766.99-1 185.31
Profitability
EBIT-%
ROA48.0 %56.1 %54.3 %37.6 %6.4 %
ROE62.7 %73.6 %60.2 %62.9 %17.6 %
ROI76.7 %91.0 %78.6 %80.6 %24.8 %
Economic value added (EVA)1 538.701 652.271 127.41947.08110.36
Solvency
Equity ratio53.8 %66.2 %73.4 %32.9 %16.7 %
Gearing0.0 %3.0 %5.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.93.71.51.2
Current ratio2.42.93.71.51.2
Cash and cash equivalents1 316.24812.67241.58817.471 235.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.35%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.7%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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