SOLID-IT Partnerselskab — Credit Rating and Financial Key Figures

CVR number: 37034827
Naverland 2, 2600 Glostrup

Credit rating

Company information

Official name
SOLID-IT Partnerselskab
Personnel
8 persons
Established
2015
Industry

About SOLID-IT Partnerselskab

SOLID-IT Partnerselskab (CVR number: 37034827) is a company from ALBERTSLUND. The company recorded a gross profit of 3820 kDKK in 2023. The operating profit was 380.7 kDKK, while net earnings were 380.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 31 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.3 %, 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. SOLID-IT Partnerselskab's liquidity measured by quick ratio was 1.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 019.95
Gross profit797.751 178.672 242.622 515.523 819.96
EBIT181.8261.79109.69216.79380.73
Net earnings170.9945.5988.99212.21380.65
Shareholders equity total692.51738.09827.081 039.291 419.94
Balance sheet total (assets)3 174.643 404.733 695.825 445.246 368.99
Net debt-2 295.48-2 113.42-2 482.98-2 514.39-3 197.47
Profitability
EBIT-%17.8 %
ROA7.1 %1.9 %3.1 %4.7 %6.4 %
ROE28.2 %6.4 %11.4 %22.7 %31.0 %
ROI30.0 %8.6 %14.0 %23.2 %31.0 %
Economic value added (EVA)232.81142.34178.80300.00454.86
Solvency
Equity ratio21.8 %21.7 %22.4 %19.1 %22.3 %
Gearing
Relative net indebtedness %18.3 %
Liquidity
Quick ratio1.31.31.31.21.3
Current ratio1.31.31.31.21.3
Cash and cash equivalents2 295.482 113.422 482.982 514.393 197.47
Capital use efficiency
Trade debtors turnover (days)314.2
Net working capital %67.9 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:6.45%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.3%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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