Solar Park Agersted ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 46 766.85 | 18 111.80 | |||
Gross profit | -0.53 | -62.89 | - 285.71 | 43 926.69 | 13 245.93 |
EBIT | -0.53 | -62.89 | - 285.71 | 41 672.63 | 9 840.65 |
Net earnings | -0.49 | -46.45 | - 279.04 | 31 491.33 | 5 241.14 |
Shareholders equity total | 49.51 | 13.07 | - 260.98 | 31 230.36 | 36 471.50 |
Balance sheet total (assets) | 963.08 | 1 677.59 | 118 208.75 | 103 153.37 | 102 403.25 |
Net debt | 150.75 | 778.58 | 81 509.06 | 57 404.40 | 58 344.88 |
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 | - 349.65 | 28 383.99 | 2 913.57 |
Solvency | |||||
Equity ratio | 5.1 % | 0.8 % | -0.2 % | 30.3 % | 35.6 % |
Gearing | 509.3 % | 10653.3 % | -31504.1 % | 183.8 % | 167.9 % |
Relative net indebtedness % | 140.7 % | 324.7 % | |||
Liquidity | |||||
Quick ratio | 0.4 | 2.1 | 0.0 | 0.0 | 0.5 |
Current ratio | 0.4 | 2.1 | 0.0 | 0.0 | 0.5 |
Cash and cash equivalents | 101.41 | 613.48 | 709.35 | 2 875.87 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 5.7 | 6.5 | |||
Net working capital % | -138.1 % | -15.7 % | |||
Credit risk | |||||
Credit rating | BBB | BB | BBB | A | AAA |
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