Solid Software IVS — Credit Rating and Financial Key Figures

Solid Software IVS (CVR number: 39103117) is a company from BALLERUP. The company recorded a gross profit of -22.1 kDKK in 2018. The operating profit was -22.1 kDKK, while net earnings were -22.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -68.4 %, which can be considered poor and Return on Equity (ROE) was -116.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -14 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Solid Software IVS's liquidity measured by quick ratio was 3.4 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.