SOLCELLESPECIALISTEN A/S — Credit Rating and Financial Key Figures

CVR number: 33636423
Bybjergvej 37, 3060 Espergærde
ej@solcellespecialisten.dk
tel: 20439925

Credit rating

Company information

Official name
SOLCELLESPECIALISTEN A/S
Personnel
2 persons
Established
2011
Company form
Limited company
Industry

About SOLCELLESPECIALISTEN A/S

SOLCELLESPECIALISTEN A/S (CVR number: 33636423) is a company from HELSINGØR. The company recorded a gross profit of 2296.4 kDKK in 2023. The operating profit was 824.7 kDKK, while net earnings were 713.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26 %, which can be considered excellent and Return on Equity (ROE) was 59.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SOLCELLESPECIALISTEN A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit552.04471.42- 500.73853.792 296.40
EBIT33.34-90.78- 846.11133.57824.66
Net earnings-40.34- 206.79-1 002.2821.94713.20
Shareholders equity total2 362.472 156.061 153.781 175.721 213.19
Balance sheet total (assets)6 523.866 116.565 480.973 685.092 666.04
Net debt3 821.193 707.553 885.911 695.37362.22
Profitability
EBIT-%
ROA0.7 %-1.4 %-14.6 %2.9 %26.0 %
ROE-1.7 %-9.2 %-60.6 %1.9 %59.7 %
ROI0.8 %-1.5 %-15.3 %3.1 %27.2 %
Economic value added (EVA)-51.49- 309.15-1 036.60-44.29739.82
Solvency
Equity ratio36.2 %35.2 %21.1 %31.9 %45.5 %
Gearing170.2 %172.0 %348.0 %189.5 %119.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.40.31.11.1
Current ratio1.70.80.41.71.8
Cash and cash equivalents199.86129.74532.851 081.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:26.0%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.5%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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