Solomatic A/S is a Danish A/S based in Silkeborg, operating in the Manufacture of other special-purpose machinery n.e.c. sector. Incorporated in 2005, the company has 1 employee and reported a gross profit of -DKK 523.3k in its latest annual filing.
| Gross profit | -0.5M DKK | +2% |
| EBITDA | -0.2M DKK | +93% |
| Net profit | 4.8M DKK | +233% |
| Total assets | 2.5M DKK | -29% |
| Equity | -1.6M DKK | +75% |
| Employees | 1 | — |
In its most recent annual report (2021), Solomatic A/S reported a gross profit of -DKK 523.3k. The figures on this page draw on 5 annual filings covering 2017 to 2021. The bottom line showed a net profit of DKK 4.8m.
At the end of 2021, current assets covered short-term debt 0.4 times.
| Item | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| Gross profit | -523 | -515 | -1,284 | 14 | -3,040 |
| Staff expenses | -345 | -1,935 | -1,873 | -2,346 | -2,970 |
| EBITDA | -178 | -2,450 | -3,156 | -2,332 | -6,010 |
| Depreciation & amort. | -109 | -114 | -116 | -31 | -117 |
| EBIT | -287 | -2,564 | -3,272 | -2,363 | -6,128 |
| Net financials | 5,529 | -367 | -286 | -136 | -44 |
| Profit before tax | 5,242 | -2,931 | -3,559 | -2,499 | -6,172 |
| Tax | 477 | 641 | -781 | -550 | -1,358 |
| Net profit | 4,764 | -3,572 | -2,777 | -1,950 | -4,815 |
| Item | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| Total assets | 2,469 | 3,496 | 4,548 | 5,421 | 2,316 |
| Equity | -1,571 | -6,335 | -2,763 | 15 | 1,172 |
| Long-term debt | 69 | 69 | 11 | 0 | 0 |
| Short-term debt | 3,970 | 9,762 | 7,300 | 5,407 | 1,145 |
| Total debt | 4,040 | 9,831 | 7,311 | 5,407 | 1,145 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
Net profit as a percentage of total assets — the return generated on the capital employed.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's debt.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|
JB Liquidator | Liquidator | 2023 – 2023 |
NJ Management | Management | 2005 – 2011 |
JA Management | Management | 2011 – 2023 |
| Name | Role | Member since |
|---|
MJ Board of Directors | Board of Directors | 2017 – 2023 |
PB Board of Directors | Board of Directors | 2011 – 2017 |
JB Chairman | Chairman | 2011 – 2023 |
PB Chairman | Chairman | 2005 – 2011 |
NJ Board of Directors | Board of Directors | 2005 – 2011 |
JA Board of Directors | Board of Directors | 2005 – 2023 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2011 |
| Person | Role here | Other companies |
|---|---|---|
| Jan Bech | Liquidator | 28 companiesMany roles |
| Per Buttenschøn | Chairman | 28 companiesMany roles |
| Niels Jørgen Hansen | Management | 3 companies |
| Mona Johanne Dahl Krogh | Board of Directors | 1 company |