Solid Hand ApS
Credit rating
Company information
About Solid Hand ApS
Solid Hand ApS (CVR number: 41666099) is a company from AALBORG. The company recorded a gross profit of 1084 kDKK in 2023, demonstrating a growth of 3 % compared to the previous year. The operating profit was 74.4 kDKK, while net earnings were 55.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent and Return on Equity (ROE) was 45.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.6 %, 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. Solid Hand ApS's liquidity measured by quick ratio was 2 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 1 160.29 | ||
Gross profit | 269.65 | 1 052.50 | 1 083.96 |
EBIT | 28.82 | 42.31 | 74.39 |
Net earnings | 22.94 | 31.97 | 55.67 |
Shareholders equity total | 62.94 | 94.91 | 149.47 |
Balance sheet total (assets) | 598.53 | 463.80 | 342.84 |
Net debt | - 518.09 | - 235.65 | - 175.55 |
Profitability | |||
EBIT-% | 3.6 % | ||
ROA | 4.8 % | 8.0 % | 18.4 % |
ROE | 36.4 % | 40.5 % | 45.6 % |
ROI | 45.8 % | 53.6 % | 60.9 % |
Economic value added (EVA) | 22.94 | 55.65 | 63.61 |
Solvency | |||
Equity ratio | 10.5 % | 20.5 % | 43.6 % |
Gearing | |||
Relative net indebtedness % | 11.5 % | ||
Liquidity | |||
Quick ratio | 1.1 | 0.7 | 2.0 |
Current ratio | 1.1 | 0.7 | 2.0 |
Cash and cash equivalents | 518.09 | 235.65 | 175.55 |
Capital use efficiency | |||
Trade debtors turnover (days) | 5.0 | ||
Net working capital % | -9.3 % | ||
Credit risk | |||
Credit rating | B | B | B |
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