Solo Co. ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Solo Co. ApS
Solo Co. ApS (CVR number: 43295640) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of -3.9 kDKK in 2024. The operating profit was -3.9 kDKK, while net earnings were -6.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -93.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.3 %, 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. Solo Co. ApS's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | -36.57 | 5.73 | -3.85 |
| EBIT | -36.57 | 5.73 | -3.85 |
| Net earnings | -29.35 | -0.57 | -6.41 |
| Shareholders equity total | 10.65 | 10.08 | 3.68 |
| Balance sheet total (assets) | 16.00 | 100.53 | 13.49 |
| Net debt | 0.35 | -17.03 | 1.90 |
| Profitability | |||
| EBIT-% | |||
| ROA | -228.5 % | 9.8 % | -6.7 % |
| ROE | -275.5 % | -5.5 % | -93.1 % |
| ROI | -332.4 % | 54.4 % | -41.2 % |
| Economic value added (EVA) | -28.53 | 5.18 | -3.51 |
| Solvency | |||
| Equity ratio | 66.6 % | 10.0 % | 27.3 % |
| Gearing | 3.3 % | 130.9 % | |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 3.0 | 1.1 | 1.4 |
| Current ratio | 3.0 | 1.1 | 1.4 |
| Cash and cash equivalents | 17.03 | 2.91 | |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BB | BB | BB |
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