Solsø Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Solsø Holding ApS
Solsø Holding ApS (CVR number: 58800228) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -15.4 kDKK in 2023. The operating profit was -15.4 kDKK, while net earnings were 365.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.1 %, which can be considered excellent and Return on Equity (ROE) was 42.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.5 %, 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. Solsø Holding ApS's liquidity measured by quick ratio was 5.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -11.99 | -11.85 | -15.80 | -9.66 | -15.44 |
EBIT | -16.78 | -16.65 | -20.60 | -9.66 | -15.44 |
Net earnings | 56.16 | 58.15 | 54.45 | 168.48 | 365.90 |
Shareholders equity total | 450.38 | 508.53 | 506.48 | 674.95 | 1 040.85 |
Balance sheet total (assets) | 516.63 | 580.29 | 639.75 | 848.94 | 1 397.76 |
Net debt | -37.60 | 15.66 | - 536.38 | - 744.93 | -1 196.73 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.7 % | 12.8 % | 11.8 % | 29.4 % | 42.1 % |
ROE | 13.3 % | 12.1 % | 10.7 % | 28.5 % | 42.7 % |
ROI | 11.9 % | 13.0 % | 12.2 % | 31.5 % | 46.8 % |
Economic value added (EVA) | -31.72 | -31.91 | -39.44 | -0.89 | -3.28 |
Solvency | |||||
Equity ratio | 87.2 % | 87.6 % | 79.2 % | 79.5 % | 74.5 % |
Gearing | 12.8 % | 11.6 % | 20.1 % | 15.4 % | 19.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 0.6 | 4.8 | 6.6 | 5.4 |
Current ratio | 1.5 | 0.6 | 4.8 | 6.6 | 5.4 |
Cash and cash equivalents | 95.12 | 43.38 | 638.33 | 848.94 | 1 397.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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