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Tellus & Solar ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tellus & Solar ApS
Tellus & Solar ApS (CVR number: 42228761) is a company from HVIDOVRE. The company recorded a gross profit of 162 kDKK in 2024. The operating profit was -5.1 kDKK, while net earnings were -6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -6.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Tellus & Solar ApS's liquidity measured by quick ratio was 3.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | - 298.01 | |||
| Gross profit | - 207.42 | 299.12 | 499.13 | 161.97 |
| EBIT | 6.83 | -36.21 | 126.54 | -5.11 |
| Net earnings | 9.45 | -33.23 | 106.99 | -5.95 |
| Shareholders equity total | 30.55 | -2.68 | 95.23 | 89.28 |
| Balance sheet total (assets) | 109.79 | 24.83 | 212.08 | 116.17 |
| Net debt | 35.30 | 8.68 | - 157.09 | -58.93 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 6.2 % | -52.7 % | 110.9 % | -3.1 % |
| ROE | 30.9 % | -120.0 % | 178.2 % | -6.5 % |
| ROI | 6.8 % | -65.9 % | 255.7 % | -5.5 % |
| Economic value added (EVA) | 6.83 | -31.75 | 107.60 | -9.00 |
| Solvency | ||||
| Equity ratio | 27.8 % | -9.7 % | 44.9 % | 76.8 % |
| Gearing | 115.5 % | -323.8 % | ||
| Relative net indebtedness % | -26.6 % | |||
| Liquidity | ||||
| Quick ratio | 2.5 | 0.9 | 1.6 | 3.4 |
| Current ratio | 2.5 | 0.9 | 1.8 | 4.3 |
| Cash and cash equivalents | 157.09 | 58.93 | ||
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | -22.1 % | |||
| Credit risk | ||||
| Credit rating | BBB | BB | BB | BBB |
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