Solidflow ApS — Credit Rating and Financial Key Figures

CVR number: 38879065
Svanemosen 17, 2670 Greve
ab@21risk.com
tel: 42959068
https://21risk.com

Company information

Official name
Solidflow ApS
Personnel
3 persons
Established
2017
Company form
Private limited company
Industry

About Solidflow ApS

Solidflow ApS (CVR number: 38879065) is a company from GREVE. The company recorded a gross profit of 1753.4 kDKK in 2023. The operating profit was 358.9 kDKK, while net earnings were 277.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28 %, which can be considered excellent and Return on Equity (ROE) was 42.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.9 %, 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. Solidflow ApS'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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit614.40834.35904.231 539.321 753.44
EBIT-94.05544.08115.6274.04358.89
Net earnings-72.02422.4181.6443.42277.06
Shareholders equity total-24.92397.49479.14522.55769.62
Balance sheet total (assets)347.31805.521 181.79958.521 607.48
Net debt- 134.17- 168.56- 219.72- 224.42-1 049.16
Profitability
EBIT-%
ROA-45.8 %92.4 %11.6 %6.9 %28.0 %
ROE-39.8 %113.4 %18.6 %8.7 %42.9 %
ROI-1253.0 %223.7 %21.4 %12.0 %48.1 %
Economic value added (EVA)-70.39433.1395.1957.46283.40
Solvency
Equity ratio-38.2 %60.1 %68.4 %69.3 %62.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.32.05.34.03.4
Current ratio0.91.11.01.41.7
Cash and cash equivalents134.17168.56219.72224.421 049.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:28.0%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.9%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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