THE SOLID ApS — Credit Rating and Financial Key Figures

CVR number: 25275365
Store Strandstræde 21, 1255 København K

Credit rating

Company information

Official name
THE SOLID ApS
Personnel
59 persons
Established
2013
Company form
Private limited company
Industry

About THE SOLID ApS

THE SOLID ApS (CVR number: 25275365) is a company from KØBENHAVN. The company recorded a gross profit of 17.4 mDKK in 2024. The operating profit was 570.6 kDKK, while net earnings were 459.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. THE SOLID ApS's liquidity measured by quick ratio was 2.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8 314.2411 397.4018 683.5218 862.4117 362.06
EBIT- 618.87637.843 485.482 406.60570.58
Net earnings- 493.76505.892 728.241 892.58459.79
Shareholders equity total1 327.261 833.164 561.394 453.973 913.77
Balance sheet total (assets)3 332.825 099.657 771.717 856.326 339.89
Net debt-1 361.91-2 170.26-3 893.93-5 718.89-3 794.32
Profitability
EBIT-%
ROA-11.1 %15.8 %54.7 %31.4 %8.3 %
ROE-19.6 %32.0 %85.3 %42.0 %11.0 %
ROI-19.1 %42.0 %109.9 %54.4 %14.0 %
Economic value added (EVA)- 722.47430.742 623.021 630.45221.05
Solvency
Equity ratio39.8 %35.9 %58.7 %56.7 %61.7 %
Gearing0.7 %1.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.52.32.22.5
Current ratio1.61.52.42.32.6
Cash and cash equivalents1 361.912 183.843 893.935 718.893 859.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:8.31%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.7%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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