Credit rating
Company information
About Solar Park Holmen ApS
Solar Park Holmen ApS (CVR number: 40912479) is a company from GLADSAXE. The company reported a net sales of 19.9 mDKK in 2022, demonstrating a growth of 142.5 % compared to the previous year. The operating profit percentage was at 74.8 % (EBIT: 14.9 mDKK), while net earnings were 7736.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -11.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Solar Park Holmen 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 | |
---|---|---|---|
Volume | |||
Net sales | 8 216.23 | 19 921.16 | |
Gross profit | -11.66 | 7 434.21 | 17 878.86 |
EBIT | -11.66 | 6 038.70 | 14 894.57 |
Net earnings | -9.13 | 2 818.35 | 7 736.74 |
Shareholders equity total | 40.87 | -19 454.98 | -15 393.73 |
Balance sheet total (assets) | 80 284.71 | 109 808.78 | 121 730.17 |
Net debt | 66 814.60 | 103 098.90 | 88 937.51 |
Profitability | |||
EBIT-% | 73.5 % | 74.8 % | |
ROA | -0.0 % | 5.9 % | 11.4 % |
ROE | -22.3 % | 5.1 % | 6.7 % |
ROI | -0.0 % | 6.1 % | 11.6 % |
Economic value added (EVA) | -9.09 | 3 219.42 | 12 134.70 |
Solvency | |||
Equity ratio | 0.1 % | -15.1 % | -11.2 % |
Gearing | 182860.6 % | -591.5 % | -756.1 % |
Relative net indebtedness % | 1404.9 % | 541.2 % | |
Liquidity | |||
Quick ratio | 1.7 | 0.8 | 1.4 |
Current ratio | 1.7 | 0.8 | 1.4 |
Cash and cash equivalents | 7 918.71 | 11 981.30 | 27 460.36 |
Capital use efficiency | |||
Trade debtors turnover (days) | 15.5 | 11.4 | |
Net working capital % | -42.4 % | 40.2 % | |
Credit risk | |||
Credit rating | BB | BBB | BBB |
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