SOLID SOFTWARE DEVELOPMENT ApS — Credit Rating and Financial Key Figures

SOLID SOFTWARE DEVELOPMENT ApS (CVR number: 30813111) is a company from AALBORG. The company recorded a gross profit of 4995.8 kDKK in 2023. The operating profit was 852.1 kDKK, while net earnings were 669.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.9 %, which can be considered excellent and Return on Equity (ROE) was 79.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.6 %, 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. SOLID SOFTWARE DEVELOPMENT ApS's liquidity measured by quick ratio was 2.2 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.