SOLIDTEC ApS — Credit Rating and Financial Key Figures

CVR number: 27084591
Rosenholmvej 106, Tjørring 7400 Herning

Credit rating

Company information

Official name
SOLIDTEC ApS
Personnel
1 person
Established
2003
Domicile
Tjørring
Company form
Private limited company
Industry

About SOLIDTEC ApS

SOLIDTEC ApS (CVR number: 27084591) is a company from HERNING. The company recorded a gross profit of 2864.1 kDKK in 2024. The operating profit was 1139.6 kDKK, while net earnings were 890.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.8 %, which can be considered excellent and Return on Equity (ROE) was 79.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SOLIDTEC ApS's liquidity measured by quick ratio was 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit693.802 349.833 012.113 220.432 864.12
EBIT188.211 721.382 341.041 408.601 139.56
Net earnings144.761 331.981 810.851 097.81890.75
Shareholders equity total269.761 456.981 935.851 222.811 015.75
Balance sheet total (assets)634.262 228.663 077.213 220.751 895.76
Net debt- 450.37-1 193.48-2 217.86-2 879.32-1 610.24
Profitability
EBIT-%
ROA28.5 %120.3 %88.2 %44.8 %44.8 %
ROE61.9 %154.3 %106.7 %69.5 %79.6 %
ROI48.2 %162.0 %124.0 %88.6 %102.3 %
Economic value added (EVA)122.971 325.511 732.13999.02824.89
Solvency
Equity ratio42.5 %65.4 %62.9 %38.0 %53.6 %
Gearing13.9 %24.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.92.41.62.2
Current ratio1.72.92.41.62.2
Cash and cash equivalents487.831 554.372 217.862 879.321 610.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:44.8%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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