JOLAR ApS — Credit Rating and Financial Key Figures

CVR number: 36058226
Lupinvej 1, 9500 Hobro

Company information

Official name
JOLAR ApS
Established
2014
Company form
Private limited company
Industry

About JOLAR ApS

JOLAR ApS (CVR number: 36058226) is a company from MARIAGERFJORD. The company recorded a gross profit of -80 kDKK in 2023. The operating profit was -80 kDKK, while net earnings were 2341.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 83.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JOLAR ApS's liquidity measured by quick ratio was 5.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-45.27-53.39-63.51-79.34-80.04
EBIT-45.27-53.39-63.51-79.34-80.04
Net earnings-1 402.046 685.321 898.49- 498.032 341.55
Shareholders equity total17 944.0724 629.3926 527.8826 029.8528 371.40
Balance sheet total (assets)23 728.2631 259.5030 879.5531 404.7434 150.20
Net debt-18 604.88-26 711.50-26 267.76-26 360.91-29 414.51
Profitability
EBIT-%
ROA2.0 %32.2 %8.9 %6.0 %10.6 %
ROE-7.5 %31.4 %7.4 %-1.9 %8.6 %
ROI2.5 %41.6 %10.8 %7.1 %12.7 %
Economic value added (EVA)-82.90-8.4455.09-75.02-45.79
Solvency
Equity ratio75.6 %78.8 %85.9 %82.9 %83.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.54.06.05.05.1
Current ratio3.54.06.05.05.1
Cash and cash equivalents18 604.8826 711.5026 267.7626 360.9129 414.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:10.6%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.1%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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