Solance ApS — Credit Rating and Financial Key Figures

Solance ApS (CVR number: 35378499) is a company from AARHUS. The company recorded a gross profit of 1295.3 kDKK in 2016. The operating profit was 451.1 kDKK, while net earnings were 393.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.8 %, which can be considered excellent and Return on Equity (ROE) was 95.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.6 %, 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. Solance ApS's liquidity measured by quick ratio was 1.7 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.