SOLVO ApS — Credit Rating and Financial Key Figures

CVR number: 36460245
Jerlevvej 49, 7100 Vejle
jvn@solvo.dk
www.solvo.dk
Free credit report Annual report

Credit rating

Company information

Official name
SOLVO ApS
Personnel
6 persons
Established
2014
Company form
Private limited company
Industry

About SOLVO ApS

SOLVO ApS (CVR number: 36460245) is a company from VEJLE. The company recorded a gross profit of 6527.7 kDKK in 2024. The operating profit was 3011 kDKK, while net earnings were 2327.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 67.9 %, which can be considered excellent and Return on Equity (ROE) was 125.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.3 %, 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. SOLVO ApS's liquidity measured by quick ratio was 3 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 profit4 867.224 061.653 470.063 369.056 527.73
EBIT1 739.63608.00358.75165.733 011.02
Net earnings1 345.65461.19262.14109.492 327.19
Shareholders equity total1 856.231 017.42779.56689.053 016.24
Balance sheet total (assets)3 947.152 066.722 773.122 726.486 158.86
Net debt- 339.30- 991.85-55.37259.25-4 079.79
Profitability
EBIT-%
ROA46.3 %20.2 %14.8 %6.1 %67.9 %
ROE77.6 %32.1 %29.2 %14.9 %125.6 %
ROI85.3 %38.9 %29.9 %11.8 %131.3 %
Economic value added (EVA)1 254.78368.67224.2861.592 269.70
Solvency
Equity ratio47.1 %49.2 %28.1 %25.3 %53.3 %
Gearing11.3 %3.6 %69.5 %119.9 %1.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.91.11.13.0
Current ratio1.81.91.11.12.4
Cash and cash equivalents549.901 028.74597.19566.744 125.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:67.9%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.3%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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