Brave Solar ApS — Credit Rating and Financial Key Figures

Brave Solar ApS (CVR number: 38780727) is a company from FAXE. The company recorded a gross profit of -2771 kDKK in 2024. The operating profit was -3179 kDKK, while net earnings were 376 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 67.5 %, 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. Brave Solar ApS's liquidity measured by quick ratio was 2.8 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.