Solet Danmark ApS — Credit Rating and Financial Key Figures

Solet Danmark ApS (CVR number: 42002240) is a company from AARHUS. The company recorded a gross profit of 5191.7 kDKK in 2024. The operating profit was 198.7 kDKK, while net earnings were 260.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was 8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 0.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Solet Danmark ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.