SOLONORDIC ApS

SOLONORDIC ApS (CVR number: 34224463) is a company from ODDER. The company recorded a gross profit of 836.3 kDKK in 2023. The operating profit was 85.5 kDKK, while net earnings were 68 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good but Return on Equity (ROE) was 21.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.9 %, 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. SOLONORDIC ApS's liquidity measured by quick ratio was 1.7 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.