SOLAR A/S

SOLAR A/S (CVR number: 15908416) is a company from VEJEN. The company reported a net sales of 3356 mDKK in 2018, demonstrating a growth of 1.1 % compared to the previous year. The operating profit percentage was at 5 % (EBIT: 169 mDKK), while net earnings were 133 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SOLAR A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.