SOLO-TECH A/S — Credit Rating and Financial Key Figures

SOLO-TECH A/S (CVR number: 39666804) is a company from VEJEN. The company recorded a gross profit of 2738.8 kDKK in 2024. The operating profit was 170.6 kDKK, while net earnings were 91.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62.7 %, 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. SOLO-TECH A/S's liquidity measured by quick ratio was 1.6 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.