SOLUM II Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOLUM II Holding A/S
SOLUM II Holding A/S (CVR number: 10282136K) is a company from Høje-Taastrup. The company reported a net sales of 112.8 mDKK in 2024, demonstrating a growth of 1.8 % compared to the previous year. The operating profit percentage was at 7.7 % (EBIT: 8.7 mDKK), while net earnings were 3760.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 25.3 %, 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. SOLUM II Holding A/S's liquidity measured by quick ratio was 0.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 114.40 | 108.17 | 131.96 | 110.88 | 112.83 |
Gross profit | 9.22 | 11.03 | 23.02 | 27.97 | 20.76 |
EBIT | 1.75 | -0.61 | 9.11 | 9.54 | 8.68 |
Net earnings | 0.39 | -1.74 | 7.01 | 4.11 | 3.76 |
Shareholders equity total | 18.47 | 16.75 | 23.68 | 27.65 | 31.41 |
Balance sheet total (assets) | 76.71 | 80.58 | 87.81 | 106.81 | 116.14 |
Net debt | 32.35 | 24.53 | |||
Profitability | |||||
EBIT-% | 1.5 % | -0.6 % | 6.9 % | 8.6 % | 7.7 % |
ROA | 2.4 % | -0.8 % | 10.8 % | 9.4 % | 8.0 % |
ROE | 2.1 % | -9.9 % | 34.7 % | 16.0 % | 12.7 % |
ROI | 2.4 % | -0.8 % | 10.8 % | 11.1 % | 10.9 % |
Economic value added (EVA) | 0.84 | -1.54 | 8.27 | 6.14 | 2.57 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 23.8 % | 25.3 % |
Gearing | 122.7 % | 80.6 % | |||
Relative net indebtedness % | 70.0 % | 74.4 % | |||
Liquidity | |||||
Quick ratio | 1.0 | 0.8 | |||
Current ratio | 1.2 | 1.1 | |||
Cash and cash equivalents | 1.59 | 0.77 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 58.8 | 39.1 | |||
Net working capital % | 4.6 % | 4.0 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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