SOLUTION IT ApS — Credit Rating and Financial Key Figures

CVR number: 32287840
Dronning Sofies Vej 50, 4000 Roskilde
ts@solutionit.dk
tel: 22116519
www.solutionit.dk
Free credit report Annual report

Company information

Official name
SOLUTION IT ApS
Established
2009
Company form
Private limited company
Industry

About SOLUTION IT ApS

SOLUTION IT ApS (CVR number: 32287840) is a company from ROSKILDE. The company recorded a gross profit of 166.5 kDKK in 2024. The operating profit was 166.5 kDKK, while net earnings were 139 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.8 %, which can be considered excellent and Return on Equity (ROE) was 32.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -16.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SOLUTION IT ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit192.2345.44-22.7023.80166.48
EBIT192.2345.44-22.7023.80166.48
Net earnings192.0833.90-22.87-12.66138.96
Shareholders equity total- 278.65- 244.74- 267.61- 280.27- 141.32
Balance sheet total (assets)325.93174.98156.98134.27722.09
Net debt363.89338.55322.05310.91-96.66
Profitability
EBIT-%
ROA31.8 %8.9 %-5.4 %5.7 %28.8 %
ROE83.4 %13.5 %-13.8 %-8.7 %32.5 %
ROI32.9 %9.2 %-5.7 %6.0 %46.0 %
Economic value added (EVA)186.5119.72-30.4910.26123.85
Solvency
Equity ratio-46.1 %-58.3 %-63.0 %-67.6 %-16.4 %
Gearing-209.8 %-163.3 %-149.4 %-142.6 %-282.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.40.30.8
Current ratio0.50.40.40.30.8
Cash and cash equivalents220.6961.1777.6888.81495.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:28.8%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-16.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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