SOLIDGROUND ApS — Credit Rating and Financial Key Figures

CVR number: 42316393
Århusgade 88, 2100 København Ø
info@solidground.xyz
tel: 40419842
www.solidground.xyz

Credit rating

Company information

Official name
SOLIDGROUND ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About SOLIDGROUND ApS

SOLIDGROUND ApS (CVR number: 42316393) is a company from KØBENHAVN. The company recorded a gross profit of 1210.1 kDKK in 2024. The operating profit was 359.2 kDKK, while net earnings were 287.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent and Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.1 %, 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. SOLIDGROUND ApS's liquidity measured by quick ratio was 4.4 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit-43.11469.641 825.401 210.08
EBIT-43.11469.641 220.90359.17
Net earnings-40.07365.03984.81287.86
Shareholders equity total459.93824.961 809.761 697.63
Balance sheet total (assets)469.931 203.032 086.622 202.02
Net debt- 464.38- 426.11-1 747.98-1 670.92
Profitability
EBIT-%
ROA-9.2 %56.1 %74.2 %17.7 %
ROE-8.7 %56.8 %74.8 %16.4 %
ROI-9.4 %73.1 %92.7 %21.6 %
Economic value added (EVA)-38.09371.02966.82278.36
Solvency
Equity ratio97.9 %68.6 %86.7 %77.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio47.03.27.54.4
Current ratio47.03.27.54.4
Cash and cash equivalents464.38426.111 747.981 670.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:17.7%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.1%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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