SOLID HOLDING 2019 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOLID HOLDING 2019 A/S
SOLID HOLDING 2019 A/S (CVR number: 27173918) is a company from MIDDELFART. The company recorded a gross profit of -8.2 kDKK in 2021. The operating profit was -8.2 kDKK, while net earnings were 16.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SOLID HOLDING 2019 A/S's liquidity measured by quick ratio was 405.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 24.68 | 29.23 | 463.79 | ||
Gross profit | 24.65 | 29.20 | 466.57 | 0.14 | -0.01 |
EBIT | 24.59 | 29.13 | 466.57 | 0.14 | -0.01 |
Net earnings | 24.43 | 29.03 | 466.02 | 0.16 | 0.02 |
Shareholders equity total | 108.36 | 107.48 | 6.50 | 6.66 | 6.67 |
Balance sheet total (assets) | 129.05 | 128.32 | 27.79 | 10.19 | 6.70 |
Net debt | 0.14 | 0.08 | -6.27 | -0.21 | -2.17 |
Profitability | |||||
EBIT-% | 99.7 % | 99.6 % | 100.6 % | ||
ROA | 14.7 % | 22.7 % | 597.7 % | 1.3 % | 0.4 % |
ROE | 16.7 % | 26.9 % | 817.7 % | 2.4 % | 0.2 % |
ROI | 16.8 % | 27.0 % | 817.9 % | 3.7 % | 0.6 % |
Economic value added (EVA) | 27.60 | 31.86 | 470.40 | 0.10 | -0.33 |
Solvency | |||||
Equity ratio | 84.0 % | 83.8 % | 23.4 % | 65.4 % | 99.7 % |
Gearing | 0.1 % | 0.1 % | |||
Relative net indebtedness % | 83.8 % | 71.2 % | 3.2 % | ||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 1.3 | 2.9 | 405.8 |
Current ratio | 0.1 | 0.1 | 1.3 | 2.9 | 405.8 |
Cash and cash equivalents | 0.02 | 0.02 | 6.27 | 0.21 | 2.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.1 | ||||
Net working capital % | -79.5 % | -67.6 % | 1.5 % | ||
Credit risk | |||||
Credit rating | AA | AA | C | BB | BB |
Variable visualization
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