Solution Service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Solution Service ApS
Solution Service ApS (CVR number: 37178330) is a company from KERTEMINDE. The company recorded a gross profit of 1113.2 kDKK in 2024. The operating profit was -430.6 kDKK, while net earnings were -353 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40 %, which can be considered poor and Return on Equity (ROE) was -54.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -45.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Solution Service 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 718.79 | 553.97 | 652.98 | 1 262.80 | 1 113.22 |
EBIT | -29.81 | - 251.41 | - 208.13 | 52.63 | - 430.59 |
Net earnings | -29.75 | - 194.76 | - 167.31 | 37.34 | - 353.03 |
Shareholders equity total | 67.20 | - 127.56 | - 294.88 | - 257.54 | - 610.57 |
Balance sheet total (assets) | 1 282.06 | 457.35 | 370.43 | 563.23 | 724.19 |
Net debt | - 253.69 | 350.95 | 155.46 | 102.65 | 413.78 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.9 % | -26.4 % | -33.3 % | 7.1 % | -40.0 % |
ROE | -17.5 % | -74.3 % | -40.4 % | 8.0 % | -54.8 % |
ROI | -6.3 % | -57.0 % | -52.8 % | 13.5 % | -88.6 % |
Economic value added (EVA) | -47.53 | - 218.76 | - 176.28 | 35.30 | - 345.66 |
Solvency | |||||
Equity ratio | 5.2 % | -21.8 % | -44.3 % | -31.4 % | -45.7 % |
Gearing | 602.4 % | -307.8 % | -134.4 % | -148.7 % | -96.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 0.8 | 0.6 | 0.7 | 0.5 |
Current ratio | 1.1 | 0.8 | 0.6 | 0.7 | 0.5 |
Cash and cash equivalents | 658.48 | 41.71 | 240.87 | 280.43 | 175.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | B |
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