Solina Denmark A/S — Credit Rating and Financial Key Figures

Solina Denmark A/S (CVR number: 34077444K) is a company from SKANDERBORG. The company reported a net sales of 381.2 mDKK in 2022, demonstrating a growth of 9.4 % compared to the previous year. The operating profit percentage was at 7 % (EBIT: 26.5 mDKK), while net earnings were 17.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent and Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Solina Denmark 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.