SOLITWORK A/S — Credit Rating and Financial Key Figures

SOLITWORK A/S (CVR number: 26623871) is a company from AARHUS. The company reported a net sales of 51 mDKK in 2023, demonstrating a growth of 8 % compared to the previous year. The operating profit percentage was at 4.8 % (EBIT: 2.4 mDKK), while net earnings were 2333.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SOLITWORK A/S's liquidity measured by quick ratio was 3.4 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.