Sun-Net Solar ApS — Credit Rating and Financial Key Figures

CVR number: 40338942
Drejensvej 120, Drejens 6000 Kolding

Credit rating

Company information

Official name
Sun-Net Solar ApS
Established
2019
Domicile
Drejens
Company form
Private limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

About Sun-Net Solar ApS

Sun-Net Solar ApS (CVR number: 40338942) is a company from KOLDING. The company recorded a gross profit of -11.2 kDKK in 2022. The operating profit was -11.2 kDKK, while net earnings were -16.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.9 %, which can be considered poor and Return on Equity (ROE) was -132.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -38.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Sun-Net Solar 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
Volume
Net sales
Gross profit-79.8155.02-8.36-11.21
EBIT-79.8155.02-8.36-11.21
Net earnings-67.0735.31-15.16-16.88
Shareholders equity total-17.0718.233.07-13.81
Balance sheet total (assets)235.8135.7318.5722.43
Net debt106.81-21.73-0.5721.40
Profitability
EBIT-%
ROA-31.6 %38.1 %-30.8 %-40.9 %
ROE-28.4 %27.8 %-142.4 %-132.4 %
ROI-73.7 %83.7 %-53.4 %-67.8 %
Economic value added (EVA)-62.9244.78-6.18-8.53
Solvency
Equity ratio-6.8 %51.0 %16.5 %-38.1 %
Gearing-633.8 %27.4 %162.9 %-181.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.92.01.20.6
Current ratio0.92.01.20.6
Cash and cash equivalents1.4126.735.573.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-40.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-38.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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