Solid Invest A/S — Credit Rating and Financial Key Figures

CVR number: 10920442
Stålvej 8, 6900 Skjern

Company information

Official name
Solid Invest A/S
Established
1987
Company form
Limited company
Industry

About Solid Invest A/S

Solid Invest A/S (CVR number: 10920442) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1317.9 kDKK in 2024. The operating profit was 381.9 kDKK, while net earnings were 709.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Solid Invest A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 787.201 835.411 747.871 244.201 317.86
EBIT819.13915.08826.03320.83381.94
Net earnings461.03594.94-2 942.36-1 475.95709.57
Shareholders equity total7 802.488 397.425 455.073 979.124 688.69
Balance sheet total (assets)18 430.1518 496.5914 877.2413 569.4012 942.55
Net debt9 935.428 902.957 714.228 437.767 549.23
Profitability
EBIT-%
ROA4.3 %5.0 %25.4 %2.3 %2.9 %
ROE6.5 %7.3 %-42.5 %-31.3 %16.4 %
ROI4.4 %5.2 %-17.0 %2.5 %3.1 %
Economic value added (EVA)209.37257.59368.23- 111.3513.91
Solvency
Equity ratio42.3 %45.4 %36.7 %29.3 %36.2 %
Gearing127.3 %106.0 %141.4 %212.1 %161.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.50.20.00.1
Current ratio0.20.50.20.00.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:2.88%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.2%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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