SOLUM A/S

CVR number: 25690230
Vadsbystræde 6, Vadsby 2640 Hedehusene
tel: 43995020

Credit rating

Company information

Official name
SOLUM A/S
Personnel
21 persons
Established
2000
Domicile
Vadsby
Company form
Limited company
Industry
  • Expand more icon38Waste collection, treatment and disposal activities; materials recovery

About the company

SOLUM A/S (CVR number: 25690230) is a company from Høje-Taastrup. The company reported a net sales of 101.9 mDKK in 2023, demonstrating a decline of -11.4 % compared to the previous year. The operating profit percentage was at 8.2 % (EBIT: 8.3 mDKK), while net earnings were 5040.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 42.3 %, 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. SOLUM A/S's liquidity measured by quick ratio was 1.6 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales91.16100.2992.24114.92101.85
Gross profit91.16100.2992.2422.3921.62
EBIT91.165.353.857.448.32
Net earnings4.514.373.025.435.04
Shareholders equity total30.5634.9337.9543.3848.42
Balance sheet total (assets)66.3371.6579.7089.40114.45
Net debt23.2835.56
Profitability
EBIT-%100.0 %5.3 %4.2 %6.5 %8.2 %
ROA149.6 %7.8 %5.1 %9.9 %9.2 %
ROE15.9 %13.3 %8.3 %13.4 %11.0 %
ROI170.5 %7.8 %5.1 %10.8 %10.7 %
Economic value added (EVA)89.823.812.103.833.39
Solvency
Equity ratio100.0 %100.0 %100.0 %48.5 %42.3 %
Gearing53.8 %73.6 %
Relative net indebtedness %39.6 %63.3 %
Liquidity
Quick ratio2.11.6
Current ratio2.31.8
Cash and cash equivalents0.050.07
Capital use efficiency
Trade debtors turnover (days)41.462.3
Net working capital %22.7 %23.2 %
Credit risk
Credit ratingBBBBBBBBAAAA

Variable visualization

ROA:9.18%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.3%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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