SOLIDTEC ApS — Credit Rating and Financial Key Figures

SOLIDTEC ApS (CVR number: 27084591) is a company from HERNING. The company recorded a gross profit of 3220.4 kDKK in 2023. The operating profit was 1408.6 kDKK, while net earnings were 1097.8 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 69.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38 %, 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. SOLIDTEC ApS's liquidity measured by quick ratio was 1.6 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.