Solay ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Solay ApS
Solay ApS (CVR number: 42317101) is a company from KØBENHAVN. The company recorded a gross profit of 302.9 kDKK in 2024. The operating profit was -50.4 kDKK, while net earnings were -48.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.1 %, which can be considered poor and Return on Equity (ROE) was -22.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -36.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Solay ApS's liquidity measured by quick ratio was 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 94.41 | 199.26 | 430.16 | 302.92 |
| EBIT | -54.58 | -88.86 | 35.03 | -50.36 |
| Net earnings | -42.30 | -72.37 | 19.00 | -48.20 |
| Shareholders equity total | -2.30 | -74.67 | -55.68 | - 103.88 |
| Balance sheet total (assets) | 270.05 | 164.67 | 248.21 | 179.61 |
| Net debt | - 102.24 | -32.55 | - 150.51 | -70.13 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -20.0 % | -34.7 % | 13.0 % | -17.1 % |
| ROE | -15.7 % | -33.3 % | 9.2 % | -22.5 % |
| ROI | -27.0 % | -43.4 % | 34.2 % | |
| Economic value added (EVA) | -40.51 | -63.28 | 32.23 | -29.01 |
| Solvency | ||||
| Equity ratio | -0.8 % | -31.2 % | -18.3 % | -36.6 % |
| Gearing | ||||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 2.1 | 2.1 | 0.6 | 0.5 |
| Current ratio | 2.1 | 2.1 | 0.6 | 0.5 |
| Cash and cash equivalents | 102.24 | 32.55 | 150.51 | 70.13 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | B | B | B |
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