Solplus A/S — Credit Rating and Financial Key Figures

CVR number: 39905205
Fynsvej 63, 5500 Middelfart
sn@solplus.dk
tel: 70707232
www.solplus.dk

Credit rating

Company information

Official name
Solplus A/S
Personnel
9 persons
Established
2018
Company form
Limited company
Industry

About Solplus A/S

Solplus A/S (CVR number: 39905205) is a company from MIDDELFART. The company recorded a gross profit of 21.6 mDKK in 2023. The operating profit was 15.1 mDKK, while net earnings were 11.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 68 %, which can be considered excellent and Return on Equity (ROE) was 94 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.7 %, 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. Solplus A/S's liquidity measured by quick ratio was 1.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 556.007 371.0020 826.0021 571.15
EBIT792.002 346.003 803.0015 564.0015 111.64
Net earnings606.001 769.002 904.0011 896.0011 467.84
Shareholders equity total997.002 267.003 470.0012 366.0012 034.08
Balance sheet total (assets)1 991.006 666.006 671.0023 922.0020 536.00
Net debt642.00- 289.00-1 572.00-4 289.44
Profitability
EBIT-%
ROA39.8 %54.5 %57.1 %102.1 %68.0 %
ROE60.8 %108.4 %101.2 %150.2 %94.0 %
ROI39.8 %96.1 %119.2 %186.6 %114.1 %
Economic value added (EVA)792.001 775.712 813.8611 949.0811 080.08
Solvency
Equity ratio100.0 %34.0 %52.0 %53.7 %58.7 %
Gearing28.3 %1.2 %3.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.41.41.2
Current ratio1.52.12.12.4
Cash and cash equivalents289.001 719.004 682.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:68.0%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.7%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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