SOLAR ENERGY COMPANY V P/S — Credit Rating and Financial Key Figures

CVR number: 34205124
Gammel Lundtoftevej 24, 2800 Kongens Lyngby
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Company information

Official name
SOLAR ENERGY COMPANY V P/S
Established
2012
Industry

About SOLAR ENERGY COMPANY V P/S

SOLAR ENERGY COMPANY V P/S (CVR number: 34205124) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -956.5 kDKK in 2023. The operating profit was -956.5 kDKK, while net earnings were -2585.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.8 %, which can be considered poor and Return on Equity (ROE) was -113.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SOLAR ENERGY COMPANY V P/S'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 617.51- 536.18- 580.62- 483.70- 956.49
EBIT- 617.51- 536.18- 580.62- 483.70- 956.49
Net earnings-7 794.58-3 772.46-1 786.41-8 993.32-2 585.20
Shareholders equity total18 117.1014 344.6412 558.233 564.91979.71
Balance sheet total (assets)21 342.9718 257.2417 317.699 316.015 463.68
Net debt628.003 174.743 373.873 660.273 921.52
Profitability
EBIT-%
ROA-29.9 %-17.6 %-8.5 %-63.0 %-29.8 %
ROE-35.4 %-23.2 %-13.3 %-111.6 %-113.8 %
ROI-30.3 %-18.0 %-9.1 %-72.1 %-35.8 %
Economic value added (EVA)- 514.98- 409.60- 413.52- 273.93- 686.89
Solvency
Equity ratio84.9 %78.6 %72.5 %38.3 %17.9 %
Gearing3.6 %22.1 %26.9 %105.5 %410.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.10.10.11.2
Current ratio0.50.10.10.11.2
Cash and cash equivalents27.351.640.6499.1397.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-29.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.9%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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