Solarpark Vandel ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Solarpark Vandel ApS
Solarpark Vandel ApS (CVR number: 31065380) is a company from FAXE. The company recorded a gross profit of 54.5 mDKK in 2024. The operating profit was 40.8 mDKK, while net earnings were 29.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 14.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 53.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Solarpark Vandel 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 61 627.00 | 57 227.00 | 64 122.00 | 59 487.00 | 54 483.00 |
EBIT | 41 180.00 | 43 591.00 | 50 486.00 | 45 851.00 | 40 847.00 |
Net earnings | 23 837.00 | 26 850.00 | 33 222.00 | 30 719.00 | 29 110.00 |
Shareholders equity total | 88 422.00 | 116 298.00 | 150 031.00 | 181 303.00 | 211 410.00 |
Balance sheet total (assets) | 450 473.00 | 434 047.00 | 422 677.00 | 409 873.00 | 395 934.00 |
Net debt | 290 163.00 | 240 011.00 | 185 241.00 | 140 849.00 | 94 156.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.3 % | 9.9 % | 12.0 % | 11.2 % | 10.6 % |
ROE | 31.4 % | 26.2 % | 24.9 % | 18.5 % | 14.8 % |
ROI | 9.3 % | 10.0 % | 11.4 % | 10.7 % | 10.8 % |
Economic value added (EVA) | 8 569.02 | 11 358.75 | 17 640.14 | 14 850.71 | 11 571.53 |
Solvency | |||||
Equity ratio | 19.6 % | 26.8 % | 40.7 % | 44.2 % | 53.4 % |
Gearing | 372.0 % | 237.8 % | 150.2 % | 99.2 % | 63.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 0.8 | 29.4 | 0.7 | 0.6 |
Current ratio | 0.9 | 0.8 | 29.4 | 0.7 | 0.6 |
Cash and cash equivalents | 38 749.00 | 36 536.00 | 40 094.00 | 38 980.00 | 39 126.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | AA | AA |
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