Solforsyning ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Solforsyning ApS
Solforsyning ApS (CVR number: 36483350) is a company from HILLERØD. The company recorded a gross profit of -30.6 kDKK in 2024. The operating profit was -30.6 kDKK, while net earnings were -56.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.4 %, which can be considered poor and Return on Equity (ROE) was -12.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.4 %, 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. Solforsyning ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 360.82 | -0.86 | 713.28 | 421.37 | -30.58 |
EBIT | - 372.67 | -12.72 | 713.28 | 226.48 | -30.58 |
Net earnings | - 295.49 | -6.38 | 546.02 | 198.92 | -56.33 |
Shareholders equity total | - 501.85 | - 468.23 | 77.80 | 721.07 | 164.73 |
Balance sheet total (assets) | 241.69 | 171.82 | 621.16 | 1 259.93 | 542.19 |
Net debt | 640.36 | 612.37 | 1.36 | -29.48 | 16.31 |
Profitability | |||||
EBIT-% | |||||
ROA | -43.6 % | -1.8 % | 113.1 % | 28.6 % | -3.4 % |
ROE | -59.1 % | -3.1 % | 437.5 % | 49.8 % | -12.7 % |
ROI | -78.8 % | -2.0 % | 206.3 % | 67.1 % | -6.8 % |
Economic value added (EVA) | - 295.64 | -15.99 | 549.12 | 172.42 | -66.81 |
Solvency | |||||
Equity ratio | -67.5 % | -73.2 % | 12.5 % | 57.2 % | 30.4 % |
Gearing | -127.6 % | -130.8 % | 1.7 % | 9.9 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.3 | 1.1 | 2.3 | 1.4 |
Current ratio | 0.3 | 0.3 | 1.1 | 2.3 | 1.4 |
Cash and cash equivalents | 29.48 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | BB | BB | BB |
Variable visualization
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