SOLAR A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 2 771.00 | 3 008.00 | 3 321.00 | 3 356.00 | |
| Gross profit | 704.00 | 728.00 | 784.00 | 782.00 | |
| EBIT | 141.00 | 156.00 | 136.00 | 169.00 | |
| Net earnings | 167.00 | 125.00 | 19.00 | 133.00 | |
| Shareholders equity total | 1 831.00 | 1 683.00 | 1 591.00 | 1 638.00 | |
| Balance sheet total (assets) | 3 355.00 | 3 358.00 | 3 346.00 | 3 270.00 | |
| Net debt | 4.00 | 525.00 | 658.00 | 527.00 | |
| Profitability | |||||
| EBIT-% | 5.1 % | 5.2 % | 4.1 % | 5.0 % | |
| ROA | 7.2 % | 5.5 % | 8.7 % | 7.3 % | |
| ROE | 9.1 % | 7.1 % | 1.2 % | 8.2 % | |
| ROI | 10.2 % | 7.7 % | 3.4 % | 7.1 % | |
| Economic value added (EVA) | - 144.17 | 104.27 | 3.23 | -24.38 | 20.78 |
| Solvency | |||||
| Equity ratio | 54.6 % | 50.1 % | 47.5 % | 50.1 % | |
| Gearing | 29.9 % | 43.5 % | 41.4 % | 32.2 % | |
| Relative net indebtedness % | 35.4 % | 48.8 % | 52.8 % | 48.6 % | |
| Liquidity | |||||
| Quick ratio | 1.1 | 0.8 | 0.6 | 0.5 | |
| Current ratio | 1.4 | 1.1 | 1.0 | 1.0 | |
| Cash and cash equivalents | 543.00 | 207.00 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 41.8 | 42.5 | 43.1 | 43.1 | |
| Net working capital % | 16.2 % | 5.3 % | -1.1 % | -1.3 % | |
| Credit risk | |||||
| Credit rating | AA | AA | AA | AA |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions
... and more!
No registration needed.