Solera Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38416073
Egeskellet 12, 2000 Frederiksberg

Credit rating

Company information

Official name
Solera Holding ApS
Established
2016
Company form
Private limited company
Industry

About Solera Holding ApS

Solera Holding ApS (CVR number: 38416073) is a company from FREDERIKSBERG. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of -725.1 % compared to the previous year. The operating profit percentage was at 95.5 % (EBIT: 0.3 mDKK), while net earnings were 298 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.4 %, which can be considered excellent and Return on Equity (ROE) was 46.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Solera Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales17.5767.32- 419.38-49.94312.14
Gross profit9.7058.52- 429.26-62.00298.23
EBIT9.7058.52- 429.26-62.00298.23
Net earnings9.2255.76- 430.31-62.71298.01
Shareholders equity total1 392.401 337.26745.02587.31682.16
Balance sheet total (assets)1 400.641 458.41753.43596.54746.64
Net debt-62.8016.78- 109.39-2.4318.44
Profitability
EBIT-%55.2 %86.9 %95.5 %
ROA0.7 %4.1 %-38.8 %-9.2 %44.4 %
ROE0.7 %4.1 %-41.3 %-9.4 %46.9 %
ROI0.7 %4.1 %-39.1 %-9.3 %45.1 %
Economic value added (EVA)29.6484.21- 392.40-61.58298.69
Solvency
Equity ratio99.4 %91.7 %98.9 %98.5 %91.4 %
Gearing8.4 %7.9 %
Relative net indebtedness %-310.5 %37.3 %24.1 %-13.6 %9.2 %
Liquidity
Quick ratio12.80.813.00.30.6
Current ratio12.80.813.00.30.6
Cash and cash equivalents62.8096.06109.392.4335.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %552.3 %-37.3 %-24.1 %13.6 %-9.2 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:44.4%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.4%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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