SOLUTIONSPACE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOLUTIONSPACE HOLDING ApS
SOLUTIONSPACE HOLDING ApS (CVR number: 34462542) is a company from BALLERUP. The company recorded a gross profit of -12.8 kDKK in 2023. The operating profit was -12.8 kDKK, while net earnings were 2071.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.7 %, which can be considered excellent and Return on Equity (ROE) was 30.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SOLUTIONSPACE HOLDING ApS's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.70 | -5.51 | -19.22 | -11.17 | -12.79 |
EBIT | -7.70 | -5.51 | -19.22 | -11.17 | -12.79 |
Net earnings | 1 158.69 | 2 974.78 | 2 119.52 | 2 756.12 | 2 071.55 |
Shareholders equity total | 1 636.27 | 3 611.05 | 5 030.57 | 6 286.69 | 7 358.25 |
Balance sheet total (assets) | 3 445.53 | 4 242.71 | 11 139.07 | 14 396.50 | 12 577.58 |
Net debt | - 984.67 | -2 535.26 | -4 459.72 | -3 971.21 | -5 069.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 45.8 % | 78.4 % | 27.8 % | 22.0 % | 15.7 % |
ROE | 88.7 % | 113.4 % | 49.1 % | 48.7 % | 30.4 % |
ROI | 52.3 % | 86.4 % | 36.9 % | 30.9 % | 20.3 % |
Economic value added (EVA) | 15.37 | 43.90 | -24.99 | 114.02 | 162.01 |
Solvency | |||||
Equity ratio | 47.5 % | 85.1 % | 45.2 % | 43.7 % | 58.5 % |
Gearing | 85.9 % | 9.1 % | 51.5 % | 67.8 % | 39.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 5.6 | 1.7 | 1.6 | 2.1 |
Current ratio | 1.8 | 5.6 | 1.7 | 1.6 | 2.1 |
Cash and cash equivalents | 2 390.02 | 2 863.86 | 7 049.66 | 8 236.53 | 8 000.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | AA | AA |
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