UNDER SOLEN A/S — Credit Rating and Financial Key Figures

CVR number: 26097614
Solen 3, 3390 Hundested

Credit rating

Company information

Official name
UNDER SOLEN A/S
Established
2001
Company form
Limited company
Industry

About UNDER SOLEN A/S

UNDER SOLEN A/S (CVR number: 26097614) is a company from HALSNÆS. The company recorded a gross profit of 311.7 kDKK in 2024. The operating profit was 311.7 kDKK, while net earnings were 186.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good and Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49.8 %, 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. UNDER SOLEN A/S's liquidity measured by quick ratio was 1.1 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
2020
2021
2022
2023
2024
Volume
Net sales312.00
Gross profit117.00263.00263.00215.00311.68
EBIT55.00150.0013.00215.00311.68
Net earnings1.0076.00131.0072.00186.91
Shareholders equity total1 282.001 353.001 483.001 535.001 721.58
Balance sheet total (assets)3 397.003 354.003 167.003 267.003 456.01
Net debt1 735.001 575.001 231.001 101.00852.05
Profitability
EBIT-%48.1 %
ROA1.7 %4.6 %6.8 %6.7 %9.4 %
ROE0.1 %5.8 %9.2 %4.8 %11.5 %
ROI1.9 %5.0 %7.4 %7.3 %10.3 %
Economic value added (EVA)- 103.74-38.04- 144.3721.1393.19
Solvency
Equity ratio37.7 %40.3 %46.8 %47.0 %49.8 %
Gearing138.0 %124.1 %93.3 %89.1 %76.0 %
Relative net indebtedness %593.9 %
Liquidity
Quick ratio0.10.30.50.71.1
Current ratio0.10.30.50.71.1
Cash and cash equivalents34.00104.00153.00267.00456.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-83.0 %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:9.43%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.8%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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