Solution Service ApS — Credit Rating and Financial Key Figures

CVR number: 37178330
Agertoften 1, 5550 Langeskov

Company information

Official name
Solution Service ApS
Personnel
4 persons
Established
2015
Company form
Private limited company
Industry

About Solution Service ApS

Solution Service ApS (CVR number: 37178330) is a company from KERTEMINDE. The company recorded a gross profit of 1262.8 kDKK in 2023. The operating profit was 52.6 kDKK, while net earnings were 37.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -31.4 %. 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 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 182.071 718.79553.97652.981 262.80
EBIT226.88-29.81- 251.41- 208.1352.63
Net earnings175.35-29.75- 194.76- 167.3137.34
Shareholders equity total271.9467.20- 127.56- 294.88- 257.54
Balance sheet total (assets)809.751 282.06457.35370.43563.23
Net debt- 145.29- 253.69350.95155.46102.65
Profitability
EBIT-%
ROA29.3 %-2.9 %-26.4 %-33.3 %7.1 %
ROE95.2 %-17.5 %-74.3 %-40.4 %8.0 %
ROI53.6 %-6.3 %-57.0 %-52.8 %13.5 %
Economic value added (EVA)202.11-20.42- 165.33- 154.4667.32
Solvency
Equity ratio33.6 %5.2 %-21.8 %-44.3 %-31.4 %
Gearing72.5 %602.4 %-307.8 %-134.4 %-148.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.10.80.60.7
Current ratio1.51.10.80.60.7
Cash and cash equivalents342.38658.4841.71240.87280.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:7.08%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-31.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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