SOLAR EXPRESS MANAGEMENT ApS — Credit Rating and Financial Key Figures

CVR number: 34804850
Silkeborgvej 2, 8000 Aarhus C

Company information

Official name
SOLAR EXPRESS MANAGEMENT ApS
Established
2012
Company form
Private limited company
Industry

About SOLAR EXPRESS MANAGEMENT ApS

SOLAR EXPRESS MANAGEMENT ApS (CVR number: 34804850) is a company from AARHUS. The company recorded a gross profit of -24.7 kDKK in 2020, demonstrating a growth of 97.3 % compared to the previous year. The operating profit was -24.7 kDKK, while net earnings were -24.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SOLAR EXPRESS MANAGEMENT ApS's liquidity measured by quick ratio was 30.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales-2 404.28886.48- 882.90
Gross profit-7.05-2 425.90827.98- 921.05-24.73
EBIT-7.05-2 425.90827.98- 921.05-24.73
Net earnings-93.48-2 477.351 080.55- 438.48-24.85
Shareholders equity total-51.283 992.495 073.054 634.814 609.96
Balance sheet total (assets)21 021.7321 981.5723 376.024 863.664 765.31
Net debt5 323.64-0.24-4 857.65-74.79
Profitability
EBIT-%93.4 %
ROA4.8 %-7.2 %7.4 %-2.2 %-0.5 %
ROE-0.4 %-19.8 %23.8 %-9.0 %-0.5 %
ROI17.2 %-12.6 %7.4 %-2.2 %-0.5 %
Economic value added (EVA)-6.71-2 397.961 107.79- 930.96237.89
Solvency
Equity ratio-0.2 %18.2 %21.7 %95.3 %96.7 %
Gearing-11366.9 %0.0 %
Relative net indebtedness %-748.2 %2064.7 %524.3 %
Liquidity
Quick ratio1.0664.834.821.330.7
Current ratio1.0664.834.821.330.7
Cash and cash equivalents504.840.240.044 857.6574.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-138.1 %456.6 %-525.0 %
Credit risk
Credit ratingBBBBBBABB

Variable visualization

ROA:-0.51%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.7%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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