Solar Solutions ApS — Credit Rating and Financial Key Figures

CVR number: 40632360
Nakskovvej 13, 2500 Valby
www.sustain.dk
Free credit report Annual report

Company information

Official name
Solar Solutions ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 932.342 035.963 979.42295.50
EBIT229.63333.241 167.91- 691.56
Net earnings173.59245.96842.66- 590.13
Shareholders equity total- 166.1379.83922.49332.36
Balance sheet total (assets)2 064.323 067.392 967.081 050.69
Net debt-73.94124.30- 578.30- 178.26
Profitability
EBIT-%
ROA14.2 %12.6 %38.8 %-65.8 %
ROE12.7 %22.9 %168.1 %-177.6 %
ROI139.0 %161.7 %200.1 %-204.8 %
Economic value added (EVA)187.18258.94887.31-46.35- 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 ratio0.90.90.91.2
Current ratio0.91.11.41.5
Cash and cash equivalents239.1742.69578.30183.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-65.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.4%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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