SOLVE-IT ApS — Credit Rating and Financial Key Figures

CVR number: 31184665
Islands Brygge 48, 2300 København S
np@solve-it.dk
tel: 22223552
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Credit rating

Company information

Official name
SOLVE-IT ApS
Personnel
2 persons
Established
2008
Company form
Private limited company
Industry

About SOLVE-IT ApS

SOLVE-IT ApS (CVR number: 31184665) is a company from KØBENHAVN. The company recorded a gross profit of 802.5 kDKK in 2024. The operating profit was -106.9 kDKK, while net earnings were -55.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.5 %, which can be considered poor and Return on Equity (ROE) was -24 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.1 %, 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. SOLVE-IT ApS's liquidity measured by quick ratio was 1.6 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 profit299.92307.23172.18248.31802.54
EBIT- 175.73- 165.55- 378.66- 208.69- 106.94
Net earnings- 141.55- 137.32- 378.39- 173.48-55.17
Shareholders equity total138.42151.10- 227.29- 400.77244.06
Balance sheet total (assets)297.19369.01147.16215.78609.00
Net debt- 236.18- 236.85261.68445.36- 292.94
Profitability
EBIT-%
ROA-41.5 %-49.7 %-101.9 %-42.1 %-17.5 %
ROE-67.7 %-94.9 %-253.7 %-95.6 %-24.0 %
ROI-78.1 %-82.4 %-127.5 %-47.5 %-22.7 %
Economic value added (EVA)- 152.63- 137.90- 381.52- 158.44-82.13
Solvency
Equity ratio46.6 %40.9 %-60.7 %-65.0 %40.1 %
Gearing9.2 %53.0 %-155.5 %-130.7 %70.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.80.30.31.6
Current ratio2.01.80.30.31.6
Cash and cash equivalents248.85317.0091.7778.29465.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-17.5%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.1%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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