SOLUM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOLUM A/S
SOLUM A/S (CVR number: 25690230) is a company from Høje-Taastrup. The company reported a net sales of 113.8 mDKK in 2024, demonstrating a growth of 11.8 % compared to the previous year. The operating profit percentage was at 7.3 % (EBIT: 8.3 mDKK), while net earnings were 4999.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 45.1 %, 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 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 100.29 | 92.24 | 114.92 | 101.85 | 113.83 |
Gross profit | 100.29 | 92.24 | 114.92 | 21.62 | 23.43 |
EBIT | 5.35 | 3.85 | 7.44 | 8.31 | 8.33 |
Net earnings | 4.37 | 3.02 | 5.43 | 4.70 | 5.00 |
Shareholders equity total | 34.93 | 37.95 | 43.38 | 51.37 | 59.38 |
Balance sheet total (assets) | 71.65 | 79.70 | 89.40 | 117.33 | 131.80 |
Net debt | 35.55 | 25.40 | |||
Profitability | |||||
EBIT-% | 5.3 % | 4.2 % | 6.5 % | 8.2 % | 7.3 % |
ROA | 7.8 % | 5.1 % | 8.8 % | 8.7 % | 7.8 % |
ROE | 13.3 % | 8.3 % | 13.4 % | 9.9 % | 9.0 % |
ROI | 7.8 % | 5.1 % | 8.8 % | 9.4 % | 9.0 % |
Economic value added (EVA) | 3.81 | 2.10 | 5.54 | 4.21 | 1.47 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 43.8 % | 45.1 % |
Gearing | 69.4 % | 43.6 % | |||
Relative net indebtedness % | 63.3 % | 63.2 % | |||
Liquidity | |||||
Quick ratio | 0.8 | 0.6 | |||
Current ratio | 0.9 | 0.9 | |||
Cash and cash equivalents | 0.08 | 0.48 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 62.3 | 38.7 | |||
Net working capital % | -1.9 % | -2.6 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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