SOLUM A/S — Credit Rating and Financial Key Figures

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

Credit rating

Company information

Official name
SOLUM A/S
Personnel
24 persons
Established
2000
Domicile
Vadsby
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales100.2992.24114.92101.85113.83
Gross profit100.2992.24114.9221.6223.43
EBIT5.353.857.448.318.33
Net earnings4.373.025.434.705.00
Shareholders equity total34.9337.9543.3851.3759.38
Balance sheet total (assets)71.6579.7089.40117.33131.80
Net debt35.5525.40
Profitability
EBIT-%5.3 %4.2 %6.5 %8.2 %7.3 %
ROA7.8 %5.1 %8.8 %8.7 %7.8 %
ROE13.3 %8.3 %13.4 %9.9 %9.0 %
ROI7.8 %5.1 %8.8 %9.4 %9.0 %
Economic value added (EVA)3.812.105.544.211.47
Solvency
Equity ratio100.0 %100.0 %100.0 %43.8 %45.1 %
Gearing69.4 %43.6 %
Relative net indebtedness %63.3 %63.2 %
Liquidity
Quick ratio0.80.6
Current ratio0.90.9
Cash and cash equivalents0.080.48
Capital use efficiency
Trade debtors turnover (days)62.338.7
Net working capital %-1.9 %-2.6 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:7.84%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.1%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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