SOLAR ELEMENTS ApS — Credit Rating and Financial Key Figures

SOLAR ELEMENTS ApS (CVR number: 35257756) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of 1121 kDKK in 2019. The operating profit was -254.6 kDKK, while net earnings were -447.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.6 %, which can be considered poor and Return on Equity (ROE) was -12.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SOLAR ELEMENTS ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.