Solar Solutions ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Solar Solutions ApS
Solar Solutions ApS (CVR number: 40632360) is a company from KØBENHAVN. The company recorded a gross profit of 295.5 kDKK in 2024. The operating profit was -691.6 kDKK, while net earnings were -590.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -65.8 %, which can be considered poor and Return on Equity (ROE) was -177.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.4 %, 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 Solutions ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 932.34 | 2 035.96 | 3 979.42 | 295.50 | |
EBIT | 229.63 | 333.24 | 1 167.91 | - 691.56 | |
Net earnings | 173.59 | 245.96 | 842.66 | - 590.13 | |
Shareholders equity total | - 166.13 | 79.83 | 922.49 | 332.36 | |
Balance sheet total (assets) | 2 064.32 | 3 067.39 | 2 967.08 | 1 050.69 | |
Net debt | -73.94 | 124.30 | - 578.30 | - 178.26 | |
Profitability | |||||
EBIT-% | |||||
ROA | 14.2 % | 12.6 % | 38.8 % | -65.8 % | |
ROE | 12.7 % | 22.9 % | 168.1 % | -177.6 % | |
ROI | 139.0 % | 161.7 % | 200.1 % | -204.8 % | |
Economic value added (EVA) | 187.18 | 258.94 | 887.31 | -46.35 | - 555.07 |
Solvency | |||||
Equity ratio | -7.4 % | 2.6 % | 31.1 % | 35.4 % | |
Gearing | -99.5 % | 209.2 % | 1.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 0.9 | 0.9 | 1.2 | |
Current ratio | 0.9 | 1.1 | 1.4 | 1.5 | |
Cash and cash equivalents | 239.17 | 42.69 | 578.30 | 183.51 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB |
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