SOLVEX IT ApS — Credit Rating and Financial Key Figures

SOLVEX IT ApS (CVR number: 28657404) is a company from THISTED. The company recorded a gross profit of -21.7 kDKK in 2016. The operating profit was -25.4 kDKK, while net earnings were -19.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.5 %, 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. SOLVEX IT ApS's liquidity measured by quick ratio was 2.5 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.