Solsten Diagnostics A/S — Credit Rating and Financial Key Figures

CVR number: 36046945
Hedeager 40, 8200 Aarhus N
info@solsten-diag.com
tel: 28151905

Credit rating

Company information

Official name
Solsten Diagnostics A/S
Established
2014
Company form
Limited company
Industry

About Solsten Diagnostics A/S

Solsten Diagnostics A/S (CVR number: 36046945) is a company from AARHUS. The company recorded a gross profit of -59 kDKK in 2017. The operating profit was -70.8 kDKK, while net earnings were -457 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -9.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.9 %, 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. Solsten Diagnostics A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
Volume
Net sales
Gross profit-84.85-58.98
EBIT-84.85-70.78
Net earnings- 213.06- 456.95
Shareholders equity total4 192.465 235.51
Balance sheet total (assets)9 294.3520 187.17
Net debt2 053.183 270.37
Profitability
EBIT-%
ROA-0.9 %-0.5 %
ROE-5.1 %-9.7 %
ROI-1.0 %-0.6 %
Economic value added (EVA)-66.90264.59
Solvency
Equity ratio45.1 %25.9 %
Gearing71.6 %114.6 %
Relative net indebtedness %
Liquidity
Quick ratio3.31.0
Current ratio3.31.0
Cash and cash equivalents946.822 729.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-0.48%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.9%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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