SOLAE DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 16316792
Edwin Rahrs Vej 38, 8220 Brabrand

Company information

Official name
SOLAE DENMARK ApS
Established
1992
Company form
Private limited company
Industry

About SOLAE DENMARK ApS

SOLAE DENMARK ApS (CVR number: 16316792) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -2337.7 kDKK, while net earnings were 2222.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 2.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SOLAE DENMARK ApS's liquidity measured by quick ratio was 34 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit
EBIT- 927.73-1 204.61- 521.14-1 744.09-2 337.71
Net earnings-1 206.63-1 047.01- 562.95-55 406.902 222.13
Shareholders equity total43 681.03178 634.02161 224.61105 817.71108 039.83
Balance sheet total (assets)177 782.26178 959.79161 233.13108 048.24111 309.53
Net debt133 125.87-1 269.43- 961.021 408.582 875.52
Profitability
EBIT-%
ROA-0.5 %-0.7 %-0.3 %-1.3 %2.0 %
ROE-1.1 %-0.9 %-0.3 %-41.5 %2.1 %
ROI-0.5 %-0.7 %-0.3 %-1.3 %2.0 %
Economic value added (EVA)-10 042.86-9 918.88-9 542.42-9 340.03-7 805.52
Solvency
Equity ratio24.6 %99.8 %100.0 %97.9 %97.1 %
Gearing307.0 %0.2 %0.0 %1.3 %2.7 %
Relative net indebtedness %
Liquidity
Quick ratio111.0549.418 939.648.434.0
Current ratio111.0549.418 939.648.434.0
Cash and cash equivalents974.051 594.93964.715.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:1.98%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.1%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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