Nordic Solar XII ApS — Credit Rating and Financial Key Figures

CVR number: 43331264
Strandvejen 104 B, 2900 Hellerup

Credit rating

Company information

Official name
Nordic Solar XII ApS
Established
2022
Company form
Private limited company
Industry

About Nordic Solar XII ApS

Nordic Solar XII ApS (CVR number: 43331264) is a company from GENTOFTE. The company recorded a gross profit of -17.8 kEUR in 2024. The operating profit was -17.8 kEUR, while net earnings were -480.6 kEUR. The profitability of the company measured by Return on Assets (ROA) was -2.2 %, which can be considered poor and Return on Equity (ROE) was -6.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Nordic Solar XII ApS's liquidity measured by quick ratio was 0.6 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 (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2022
2023
2024
Volume
Net sales
Gross profit-4.63-13.37-17.77
EBIT-4.63-13.37-17.77
Net earnings-27.14- 431.72- 480.58
Shareholders equity total-21.75- 453.49- 934.07
Balance sheet total (assets)4 393.315 464.608 679.31
Net debt4 406.325 917.899 613.34
Profitability
EBIT-%
ROA-0.1 %-1.6 %-2.2 %
ROE-0.6 %-8.8 %-6.8 %
ROI-0.1 %-1.6 %-2.2 %
Economic value added (EVA)-3.61- 230.87- 288.39
Solvency
Equity ratio-0.5 %-7.7 %-9.7 %
Gearing-20280.0 %-1305.0 %-1029.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.10.6
Current ratio0.40.10.6
Cash and cash equivalents5.380.030.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-2.16%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-9.72%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer

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