Solid Energy A/S — Credit Rating and Financial Key Figures

CVR number: 43839918
Stålvej 8, 6900 Skjern

Credit rating

Company information

Official name
Solid Energy A/S
Personnel
36 persons
Established
2023
Company form
Limited company
Industry
  • Expand more icon255300

About Solid Energy A/S

Solid Energy A/S (CVR number: 43839918) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 27.3 mDKK in 2024. The operating profit was 3554.6 kDKK, while net earnings were 2554 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 23.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.2 %, 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. Solid Energy A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
Volume
Net sales
Gross profit23 719.6927 312.62
EBIT-3 455.713 554.63
Net earnings-4 226.732 554.02
Shareholders equity total9 773.2712 327.29
Balance sheet total (assets)42 720.2439 494.70
Net debt4 205.0113 888.65
Profitability
EBIT-%
ROA-8.1 %9.2 %
ROE-43.2 %23.1 %
ROI-22.3 %17.9 %
Economic value added (EVA)-3 455.713 289.14
Solvency
Equity ratio22.9 %31.2 %
Gearing58.6 %115.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.9
Current ratio1.11.2
Cash and cash equivalents1 522.60374.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBA

Variable visualization

ROA:9.22%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.2%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

Companies in the same industry

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