SolidPlast ApS

CVR number: 42732303
Lergårdvej 5, 6040 Egtved
ca@andersenssteel.dk
tel: 24600425

Credit rating

Company information

Official name
SolidPlast ApS
Established
2021
Company form
Private limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About SolidPlast ApS

SolidPlast ApS (CVR number: 42732303) is a company from VEJLE. The company recorded a gross profit of 16.5 kDKK in 2023. The operating profit was 16.5 kDKK, while net earnings were 7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 17.2 %, 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. SolidPlast ApS's liquidity measured by quick ratio was 1.2 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
20222023
Volume
Net sales
Gross profit314.5516.51
EBIT314.5516.51
Net earnings240.057.00
Shareholders equity total390.05397.05
Balance sheet total (assets)1 166.212 303.89
Net debt81.25510.24
Profitability
EBIT-%
ROA27.0 %3.2 %
ROE61.5 %1.8 %
ROI63.5 %7.9 %
Economic value added (EVA)246.41-6.69
Solvency
Equity ratio33.4 %17.2 %
Gearing26.9 %131.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.2
Current ratio1.51.2
Cash and cash equivalents23.7313.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:3.24%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.2%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.428Z

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