Solteq Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 21821284
Havneholmen 25, 1561 København V

Credit rating

Company information

Official name
Solteq Denmark A/S
Personnel
38 persons
Established
1999
Company form
Limited company
Industry
  • Expand more icon621000

About Solteq Denmark A/S

Solteq Denmark A/S (CVR number: 21821284) is a company from KØBENHAVN. The company recorded a gross profit of 33.1 mDKK in 2024. The operating profit was 14.1 mDKK, while net earnings were 10.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 47.7 %, which can be considered excellent and Return on Equity (ROE) was 74.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.1 %, 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. Solteq Denmark A/S's liquidity measured by quick ratio was 1.8 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 profit12 859.2121 020.7017 893.5424 292.1633 110.47
EBIT750.297 560.1248.703 247.9114 089.18
Net earnings0.475 598.09902.71- 961.8810 124.96
Shareholders equity total3 170.488 768.549 505.278 543.3818 668.34
Balance sheet total (assets)18 153.3335 064.0635 720.7326 205.9836 548.54
Net debt- 633.457 570.8315 673.184 919.27-7 441.86
Profitability
EBIT-%
ROA10.8 %29.4 %5.6 %19.2 %47.7 %
ROE0.0 %93.8 %9.9 %-10.7 %74.4 %
ROI35.4 %63.6 %8.3 %27.4 %81.4 %
Economic value added (EVA)783.296 518.26445.762 836.5510 026.79
Solvency
Equity ratio17.6 %25.0 %26.6 %32.6 %51.1 %
Gearing37.8 %112.9 %187.7 %69.2 %14.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.70.71.01.8
Current ratio1.00.70.71.01.8
Cash and cash equivalents1 830.452 328.712 165.53994.8410 107.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBABBBBBB

Variable visualization

ROA:47.7%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.1%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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