SOLSTRA INVESTMENTS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOLSTRA INVESTMENTS A/S
SOLSTRA INVESTMENTS A/S (CVR number: 32147135K) is a company from KØBENHAVN. The company reported a net sales of 42.6 mDKK in 2023, demonstrating a growth of 1.3 % compared to the previous year. The operating profit percentage was poor at -34.2 % (EBIT: -14.6 mDKK), while net earnings were -10.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -5.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.6 %, 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. SOLSTRA INVESTMENTS A/S's liquidity measured by quick ratio was 6.2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 950.44 | 37.53 | 40.78 | 42.07 | 42.63 |
Gross profit | 506.71 | -6.56 | -0.91 | -12.96 | -16.01 |
EBIT | 10.70 | -67.95 | 17.99 | -15.62 | -14.60 |
Net earnings | 54.36 | - 231.97 | 9.72 | -11.51 | -10.08 |
Shareholders equity total | 974.84 | 181.42 | 199.29 | 187.78 | 177.70 |
Balance sheet total (assets) | 5 246.49 | 3 563.50 | 258.77 | 421.13 | 428.56 |
Net debt | - 143.26 | -85.89 | 14.26 | -51.75 | -23.68 |
Profitability | |||||
EBIT-% | 1.1 % | -181.1 % | 44.1 % | -37.1 % | -34.2 % |
ROA | 0.3 % | -1.5 % | 1.1 % | -2.7 % | -2.0 % |
ROE | 5.4 % | -40.1 % | 5.1 % | -5.9 % | -5.5 % |
ROI | 0.3 % | -1.5 % | 1.1 % | -2.9 % | -2.1 % |
Economic value added (EVA) | -28.86 | - 104.68 | 16.06 | -27.10 | -20.87 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 76.7 % | 30.3 % | 27.6 % |
Gearing | 15.6 % | 8.6 % | 9.2 % | ||
Relative net indebtedness % | -15.1 % | -228.9 % | 104.5 % | 393.0 % | 494.7 % |
Liquidity | |||||
Quick ratio | 3.2 | 7.0 | 6.2 | ||
Current ratio | 3.3 | 7.3 | 6.4 | ||
Cash and cash equivalents | 143.26 | 85.89 | 16.86 | 67.98 | 39.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 30.7 | 40.2 | 43.6 | ||
Net working capital % | 30.0 % | 790.4 % | 257.7 % | 372.2 % | 330.5 % |
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
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