SolarLab Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SolarLab Holding ApS
SolarLab Holding ApS (CVR number: 34720940) is a company from AARHUS. The company recorded a gross profit of -8.8 kDKK in 2023. The operating profit was -8.8 kDKK, while net earnings were 1.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 66.4 %, 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. SolarLab Holding ApS's liquidity measured by quick ratio was 2.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -11.25 | -15.38 | -6.93 | -12.70 | -8.80 |
EBIT | -11.25 | -15.38 | -6.93 | -12.70 | -8.80 |
Net earnings | - 195.56 | 39.55 | 11.59 | -9.89 | 1.54 |
Shareholders equity total | 476.46 | 754.23 | 765.82 | 755.93 | 757.47 |
Balance sheet total (assets) | 1 337.87 | 1 085.78 | 1 202.47 | 979.37 | 1 141.45 |
Net debt | 1.08 | - 156.36 | -0.18 | -40.87 | -6.51 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.9 % | 0.3 % | 1.8 % | 1.7 % | 1.2 % |
ROE | -34.1 % | 6.4 % | 1.5 % | -1.3 % | 0.2 % |
ROI | -27.4 % | 0.7 % | 2.7 % | 2.4 % | 1.6 % |
Economic value added (EVA) | -40.85 | -34.81 | -20.84 | -43.47 | -35.09 |
Solvency | |||||
Equity ratio | 35.6 % | 69.5 % | 63.7 % | 77.2 % | 66.4 % |
Gearing | 1.2 % | 0.7 % | 5.8 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 3.0 | 2.6 | 3.7 | 2.8 |
Current ratio | 1.5 | 3.0 | 2.6 | 3.7 | 2.8 |
Cash and cash equivalents | 4.42 | 161.85 | 0.18 | 84.59 | 6.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
Variable visualization
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