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SOLSMEDEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOLSMEDEN HOLDING ApS
SOLSMEDEN HOLDING ApS (CVR number: 33600283) is a company from HELSINGØR. The company recorded a gross profit of -48.9 kDKK in 2025. The operating profit was -130.9 kDKK, while net earnings were 317.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 63.6 %, 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. SOLSMEDEN HOLDING 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 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 219.50 | 474.33 | 1 123.40 | 35.39 | -48.89 |
| EBIT | 183.80 | 441.86 | 1 059.12 | -42.30 | - 130.92 |
| Net earnings | - 767.83 | 206.99 | 1 875.67 | - 299.20 | 317.13 |
| Shareholders equity total | 3 729.23 | 4 601.08 | 6 362.35 | 5 823.34 | 6 140.47 |
| Balance sheet total (assets) | 5 499.17 | 9 458.74 | 8 913.37 | 9 303.11 | 9 656.02 |
| Net debt | 1 547.10 | 4 676.16 | 2 282.12 | 3 219.69 | 3 378.93 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -12.4 % | 6.2 % | 23.4 % | -2.4 % | 3.0 % |
| ROE | -18.7 % | 5.0 % | 34.2 % | -4.9 % | 5.3 % |
| ROI | -12.6 % | 6.3 % | 23.8 % | -2.4 % | 3.0 % |
| Economic value added (EVA) | - 128.11 | 156.77 | 391.22 | - 473.67 | - 550.57 |
| Solvency | |||||
| Equity ratio | 67.8 % | 48.7 % | 71.4 % | 62.6 % | 63.6 % |
| Gearing | 41.9 % | 102.6 % | 37.3 % | 56.3 % | 55.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 11.0 | 0.6 | 3.3 | 0.7 | 0.5 |
| Current ratio | 11.0 | 0.6 | 3.3 | 0.7 | 0.5 |
| Cash and cash equivalents | 16.07 | 45.53 | 93.05 | 60.21 | 1.48 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | BBB | BBB |
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