Solid Energy A/S

Solid Energy A/S (CVR number: 43839918) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 23.7 mDKK in 2023. The operating profit was -3455.7 kDKK, while net earnings were -4226.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.1 %, which can be considered poor and Return on Equity (ROE) was -43.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.9 %, 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 0.8 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.