SAVOSOLAR ApS

CVR number: 35808329
Hærvejen 9, Bov 6330 Padborg
tel: 29110371

Credit rating

Company information

Official name
SAVOSOLAR ApS
Established
2014
Domicile
Bov
Company form
Private limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

About the company

SAVOSOLAR ApS (CVR number: 35808329) is a company from AABENRAA. The company recorded a gross profit of 1323.8 kDKK in 2022. The operating profit was 65.1 kDKK, while net earnings were 51.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 21.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.1 %, 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. SAVOSOLAR 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit3 148.002 748.002 214.001 424.001 323.83
EBIT172.00142.00127.0082.0065.09
Net earnings171.00147.00124.0064.0051.23
Shareholders equity total583.00729.00453.00367.00118.59
Balance sheet total (assets)968.001 124.00953.00741.00436.96
Net debt- 585.00- 749.00- 598.00- 396.00- 346.79
Profitability
EBIT-%
ROA19.4 %14.3 %12.2 %9.7 %11.1 %
ROE34.4 %22.4 %21.0 %15.6 %21.1 %
ROI34.5 %22.9 %21.5 %20.0 %26.8 %
Economic value added (EVA)172.36142.10128.0081.2058.77
Solvency
Equity ratio60.2 %64.9 %47.5 %49.5 %27.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.32.71.92.01.4
Current ratio2.32.71.92.01.4
Cash and cash equivalents585.00749.00598.00396.00346.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:11.1%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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