Solar Partner ApS — Credit Rating and Financial Key Figures

CVR number: 37315923
Sønderborggade 1, 2100 København Ø
info@solarpartner.dk
tel: 33690100
www.solarpartner.dk

Credit rating

Company information

Official name
Solar Partner ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Solar Partner ApS

Solar Partner ApS (CVR number: 37315923) is a company from KØBENHAVN. The company recorded a gross profit of -58.5 kDKK in 2023. The operating profit was -58.5 kDKK, while net earnings were -46.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.4 %, which can be considered poor and Return on Equity (ROE) was -27.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Solar Partner ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit112.0042.00143.00- 169.00-58.51
EBIT112.0042.00-15.00- 171.00-58.51
Net earnings88.0033.00-9.00- 135.00-46.60
Shareholders equity total148.00182.00173.0037.00-8.88
Balance sheet total (assets)834.00558.00435.00448.00302.16
Net debt597.00229.0078.00- 100.00162.53
Profitability
EBIT-%
ROA19.8 %6.0 %-3.0 %-38.7 %-15.4 %
ROE84.6 %20.0 %-5.1 %-128.6 %-27.5 %
ROI22.5 %7.2 %-4.4 %-64.7 %-25.9 %
Economic value added (EVA)85.2426.07-18.74- 142.49-31.85
Solvency
Equity ratio17.7 %32.6 %39.8 %8.3 %-2.9 %
Gearing410.1 %137.4 %59.0 %586.5 %-2230.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.51.61.10.8
Current ratio2.22.51.61.10.8
Cash and cash equivalents10.0021.0024.00317.0035.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-15.4%
Rating: 5/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-2.85%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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