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SOLARIS DANMARK BUS A/S — Credit Rating and Financial Key Figures

CVR number: 32287441
Okslundvej 2 A, 6330 Padborg
vagn.erik.hvid@solarisbus.com
tel: 29446440
Free credit report Annual report

Company information

Official name
SOLARIS DANMARK BUS A/S
Personnel
6 persons
Established
2009
Company form
Limited company
Industry

About SOLARIS DANMARK BUS A/S

SOLARIS DANMARK BUS A/S (CVR number: 32287441) is a company from AABENRAA. The company recorded a gross profit of 3732 kDKK in 2025. The operating profit was 521.9 kDKK, while net earnings were 271.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 25.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SOLARIS DANMARK BUS A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit602.022 554.942 590.933 204.503 731.95
EBIT26.69100.6135.86477.33521.86
Net earnings5.087.00- 179.23273.32271.68
Shareholders equity total838.45845.45666.22939.541 211.22
Balance sheet total (assets)6 054.234 448.698 055.089 911.837 297.01
Net debt2 529.512 069.754 101.434 853.033 821.57
Profitability
EBIT-%
ROA0.8 %1.9 %0.6 %5.4 %6.1 %
ROE0.9 %0.8 %-23.7 %34.0 %25.3 %
ROI1.3 %2.6 %0.7 %6.4 %6.9 %
Economic value added (EVA)9.94-91.90- 158.31144.3885.13
Solvency
Equity ratio13.8 %19.0 %8.3 %9.5 %16.6 %
Gearing356.9 %357.1 %894.5 %825.1 %438.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.73.61.11.21.2
Current ratio1.06.41.81.62.3
Cash and cash equivalents462.98948.961 858.132 898.721 489.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:6.12%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:16.6%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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