SOLADAN ApS — Credit Rating and Financial Key Figures

SOLADAN ApS (CVR number: 26322383) is a company from VEJLE. The company recorded a gross profit of 4931 kDKK in 2023. The operating profit was 2651.7 kDKK, while net earnings were 2098.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.8 %, which can be considered excellent and Return on Equity (ROE) was 38.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.7 %, 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. SOLADAN ApS's liquidity measured by quick ratio was 1.5 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.