Solidum ApS — Credit Rating and Financial Key Figures

CVR number: 38281186
Sankt Peders Vej 1, 2900 Hellerup

Credit rating

Company information

Official name
Solidum ApS
Personnel
2 persons
Established
2016
Company form
Private limited company
Industry

About Solidum ApS

Solidum ApS (CVR number: 38281186) is a company from GENTOFTE. The company reported a net sales of 0.4 mDKK in 2019, demonstrating a decline of -86.8 % compared to the previous year. The operating profit percentage was at 62.1 % (EBIT: 0.2 mDKK), while net earnings were 148.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Solidum ApS's liquidity measured by quick ratio was 10.6 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
Volume
Net sales568.242 924.54385.62
Gross profit203.302 288.93501.54
EBIT203.302 046.91239.54
Net earnings116.713 973.63148.92
Shareholders equity total2 116.716 090.342 239.26
Balance sheet total (assets)5 481.899 681.892 461.97
Net debt2 395.891 586.57-2 052.36
Profitability
EBIT-%35.8 %70.0 %62.1 %
ROA3.7 %59.1 %3.9 %
ROE5.5 %96.8 %3.6 %
ROI3.9 %67.7 %4.6 %
Economic value added (EVA)158.581 745.95- 178.42
Solvency
Equity ratio38.6 %62.9 %91.0 %
Gearing145.0 %32.1 %8.1 %
Relative net indebtedness %473.5 %110.3 %-521.4 %
Liquidity
Quick ratio0.52.910.6
Current ratio0.52.910.6
Cash and cash equivalents674.32366.342 233.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-132.4 %107.8 %552.2 %
Credit risk
Credit ratingAABBB

Variable visualization

ROA:3.95%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.0%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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