Solida ApS — Credit Rating and Financial Key Figures

CVR number: 39207621
Havnepladsen 1, 4220 Korsør
js@solidaliving.dk
tel: 29795646

Credit rating

Company information

Official name
Solida ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Solida ApS

Solida ApS (CVR number: 39207621) is a company from SLAGELSE. The company recorded a gross profit of 53.1 kDKK in 2024. The operating profit was 53.1 kDKK, while net earnings were 41.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 5 %, 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. Solida 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.

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 profit972.261 432.00-45.00113.0053.06
EBIT846.981 290.00-47.00113.0053.06
Net earnings239.641 025.00-68.0099.0041.19
Shareholders equity total705.53731.00262.00361.00401.95
Balance sheet total (assets)19 289.388 696.008 297.008 145.008 087.07
Net debt17 066.827 083.007 642.007 303.007 267.61
Profitability
EBIT-%
ROA4.9 %9.5 %-0.6 %1.4 %0.7 %
ROE40.9 %142.7 %-13.7 %31.8 %10.8 %
ROI5.1 %9.8 %-0.6 %1.4 %0.7 %
Economic value added (EVA)- 274.5173.10- 473.14- 302.15- 348.39
Solvency
Equity ratio3.7 %8.4 %3.2 %4.4 %5.0 %
Gearing2536.5 %1056.2 %2946.9 %2048.5 %1815.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.53.51.51.41.3
Current ratio1.53.51.51.41.3
Cash and cash equivalents828.83638.0079.0092.0028.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:0.66%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.97%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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