Solartag ApS — Credit Rating and Financial Key Figures

CVR number: 40262687
Baldersbækvej 24, 2635 Ishøj

Credit rating

Company information

Official name
Solartag ApS
Personnel
6 persons
Established
2019
Company form
Private limited company
Industry
  • Expand more icon721000

About Solartag ApS

Solartag ApS (CVR number: 40262687) is a company from ISHØJ. The company recorded a gross profit of 8660.5 kDKK in 2024. The operating profit was 4176.3 kDKK, while net earnings were 2999.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.6 %, which can be considered excellent and Return on Equity (ROE) was 46.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.5 %, 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. Solartag ApS's liquidity measured by quick ratio was 1.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit483.881 798.187 695.575 281.898 660.48
EBIT- 846.26-3 639.68603.98-5 116.854 176.25
Net earnings- 654.91-3 069.14574.56-4 022.812 999.95
Shareholders equity total535.90-3 563.109 011.694 988.887 988.83
Balance sheet total (assets)4 227.217 375.4626 018.4614 915.7515 498.27
Net debt-1 018.11-1 390.39-12 743.84-1 049.38-4 285.37
Profitability
EBIT-%
ROA-36.5 %-47.6 %3.3 %-24.8 %27.6 %
ROE-180.3 %-77.6 %7.0 %-57.5 %46.2 %
ROI-228.5 %-1348.3 %13.4 %-50.6 %35.4 %
Economic value added (EVA)- 657.54-3 022.03980.84-3 817.963 186.96
Solvency
Equity ratio12.7 %-32.6 %34.6 %33.4 %51.5 %
Gearing58.9 %35.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.51.01.01.5
Current ratio1.10.71.52.22.7
Cash and cash equivalents1 018.111 390.3912 743.843 989.327 110.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBCBBBBBBA

Variable visualization

ROA:27.6%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.5%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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