Solar Park Agersted ApS — Credit Rating and Financial Key Figures

CVR number: 40597387
Gyngemose Parkvej 50, 2860 Søborg

Credit rating

Company information

Official name
Solar Park Agersted ApS
Established
2019
Company form
Private limited company
Industry

About Solar Park Agersted ApS

Solar Park Agersted ApS (CVR number: 40597387) is a company from GLADSAXE. The company reported a net sales of 18.1 mDKK in 2023, demonstrating a decline of -61.3 % compared to the previous year. The operating profit percentage was at 54.3 % (EBIT: 9.8 mDKK), while net earnings were 5241.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.6 %, 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. Solar Park Agersted ApS'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales46 766.8518 111.80
Gross profit-0.53-62.89- 285.7143 926.6913 245.93
EBIT-0.53-62.89- 285.7141 672.639 840.65
Net earnings-0.49-46.45- 279.0431 491.335 241.14
Shareholders equity total49.5113.07- 260.9831 230.3636 471.50
Balance sheet total (assets)963.081 677.59118 208.75103 153.37102 403.25
Net debt150.75778.5881 509.0657 404.4058 344.88
Profitability
EBIT-%89.1 %54.3 %
ROA-0.1 %-4.5 %-0.5 %37.6 %9.7 %
ROE-1.0 %-148.4 %-0.5 %42.1 %15.5 %
ROI-0.2 %-7.0 %-0.7 %47.1 %10.2 %
Economic value added (EVA)-0.53-64.22- 349.6528 383.992 913.57
Solvency
Equity ratio5.1 %0.8 %-0.2 %30.3 %35.6 %
Gearing509.3 %10653.3 %-31504.1 %183.8 %167.9 %
Relative net indebtedness %140.7 %324.7 %
Liquidity
Quick ratio0.42.10.00.00.5
Current ratio0.42.10.00.00.5
Cash and cash equivalents101.41613.48709.352 875.87
Capital use efficiency
Trade debtors turnover (days)5.76.5
Net working capital %-138.1 %-15.7 %
Credit risk
Credit ratingBBBBBBBBAAAA

Variable visualization

ROA:9.72%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.6%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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