MS Solar ApS

CVR number: 36564172
Nymøllevej 39 B, Rødding 7860 Spøttrup

Credit rating

Company information

Official name
MS Solar ApS
Personnel
1 person
Established
2015
Domicile
Rødding
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About MS Solar ApS

MS Solar ApS (CVR number: 36564172) is a company from SKIVE. The company recorded a gross profit of 68.5 kDKK in 2023. The operating profit was 45.8 kDKK, while net earnings were 35.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 60.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. MS Solar ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit162.44123.54195.59-68.7168.53
EBIT135.90101.46163.67-93.1345.81
Net earnings92.7971.18122.84- 102.6935.08
Shareholders equity total231.45302.64425.48322.79357.87
Balance sheet total (assets)367.12504.08557.72588.73594.20
Net debt27.4676.14-44.6099.72150.14
Profitability
EBIT-%
ROA34.9 %23.5 %30.9 %-16.3 %7.8 %
ROE50.1 %26.7 %33.7 %-27.4 %10.3 %
ROI64.6 %32.1 %40.8 %-22.0 %9.9 %
Economic value added (EVA)98.9267.25112.33- 112.2429.59
Solvency
Equity ratio63.0 %60.0 %76.3 %54.8 %60.2 %
Gearing11.9 %25.2 %0.2 %30.9 %42.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.31.00.50.4
Current ratio2.62.45.12.12.5
Cash and cash equivalents45.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:7.80%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.2%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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