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THE SOLID ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About THE SOLID ApS
THE SOLID ApS (CVR number: 25275365) is a company from KØBENHAVN. The company recorded a gross profit of 19.5 mDKK in 2025. The operating profit was -619.7 kDKK, while net earnings were -454.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.7 %, which can be considered poor and Return on Equity (ROE) was -13.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. THE SOLID ApS's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 11 397.40 | 18 683.52 | 18 862.41 | 17 362.06 | 19 513.31 |
| EBIT | 637.84 | 3 485.48 | 2 406.60 | 570.58 | - 619.74 |
| Net earnings | 505.89 | 2 728.24 | 1 892.58 | 459.79 | - 454.23 |
| Shareholders equity total | 1 833.16 | 4 561.39 | 4 453.97 | 3 913.77 | 2 959.54 |
| Balance sheet total (assets) | 5 099.65 | 7 771.71 | 7 856.32 | 6 339.89 | 6 580.00 |
| Net debt | -2 170.26 | -3 893.93 | -5 718.89 | -3 794.32 | - 884.93 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 15.8 % | 54.7 % | 31.4 % | 8.3 % | -8.7 % |
| ROE | 32.0 % | 85.3 % | 42.0 % | 11.0 % | -13.2 % |
| ROI | 42.0 % | 109.9 % | 54.4 % | 14.0 % | -14.4 % |
| Economic value added (EVA) | 430.74 | 2 623.02 | 1 630.45 | 221.05 | - 683.47 |
| Solvency | |||||
| Equity ratio | 35.9 % | 58.7 % | 56.7 % | 61.7 % | 45.0 % |
| Gearing | 0.7 % | 1.7 % | 31.2 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.5 | 2.3 | 2.2 | 2.5 | 1.8 |
| Current ratio | 1.5 | 2.4 | 2.3 | 2.6 | 1.8 |
| Cash and cash equivalents | 2 183.84 | 3 893.93 | 5 718.89 | 3 859.56 | 1 808.47 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | BBB | BB |
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