Solid Tools & Tiles ApS — Credit Rating and Financial Key Figures

Solid Tools & Tiles ApS (CVR number: 42279250) is a company from HERNING. The company recorded a gross profit of -19.6 kDKK in 2022. The operating profit was -19.6 kDKK, while net earnings were -19.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -87.8 %, which can be considered poor and Return on Equity (ROE) was -95.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Solid Tools & Tiles ApS's liquidity measured by quick ratio was 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.