EUROPEAN SOLAR FARMS SPAIN ApS — Credit Rating and Financial Key Figures

CVR number: 30503899
Gyngemose Parkvej 50, 2860 Søborg
tel: 88708215
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Company information

Official name
EUROPEAN SOLAR FARMS SPAIN ApS
Established
2007
Company form
Private limited company
Industry

About EUROPEAN SOLAR FARMS SPAIN ApS

EUROPEAN SOLAR FARMS SPAIN ApS (CVR number: 30503899) is a company from GLADSAXE. The company recorded a gross profit of -15 kEUR in 2024. The operating profit was -15 kEUR, while net earnings were 810 kEUR. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 16.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.6 %, 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. EUROPEAN SOLAR FARMS SPAIN 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 (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit63.00-49.0093.00-18.00-15.00
EBIT63.00-49.0093.00-18.00-15.00
Net earnings244.00659.0090.00276.00810.00
Shareholders equity total3 366.004 025.004 115.004 391.005 201.00
Balance sheet total (assets)6 358.006 758.006 852.007 351.007 064.00
Net debt1 055.00746.00615.00690.00-53.00
Profitability
EBIT-%
ROA6.8 %3.5 %2.0 %4.5 %5.6 %
ROE7.5 %17.8 %2.2 %6.5 %16.9 %
ROI7.1 %3.5 %2.0 %4.5 %5.6 %
Economic value added (EVA)- 353.67- 352.37- 228.72- 357.84- 379.84
Solvency
Equity ratio52.9 %59.6 %60.1 %59.7 %73.6 %
Gearing32.6 %18.9 %15.5 %16.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.434.33.18.50.6
Current ratio2.434.33.18.50.6
Cash and cash equivalents41.0016.0022.0014.0053.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.59%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.6%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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