ETOS - Solar Systems ApS — Credit Rating and Financial Key Figures

CVR number: 40568891
Vinkelvej 12, 6600 Vejen
bs@energi-innovation.dk
tel: 41114211

Credit rating

Company information

Official name
ETOS - Solar Systems ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About ETOS - Solar Systems ApS

ETOS - Solar Systems ApS (CVR number: 40568891) is a company from VEJEN. The company recorded a gross profit of 45 kDKK in 2023. The operating profit was 45 kDKK, while net earnings were 32.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 80.7 %, which can be considered excellent and Return on Equity (ROE) was 84.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.2 %, 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. ETOS - Solar Systems ApS's liquidity measured by quick ratio was 3.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-17.81-32.50-36.87-32.1345.00
EBIT-17.81-32.50-36.87-32.1345.00
Net earnings-17.09-30.50-33.1362.9932.30
Shareholders equity total22.91-7.60-40.7222.2654.56
Balance sheet total (assets)40.7226.1522.2730.3981.14
Net debt-35.9012.4054.87-2.69-81.14
Profitability
EBIT-%
ROA-43.7 %-87.3 %-76.2 %130.8 %80.7 %
ROE-74.6 %-124.4 %-136.8 %282.9 %84.1 %
ROI-77.8 %-133.9 %-91.6 %158.3 %117.2 %
Economic value added (EVA)-13.89-25.03-27.71-35.0834.14
Solvency
Equity ratio56.3 %-22.5 %-64.7 %73.3 %67.2 %
Gearing-337.3 %-134.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.30.80.43.73.1
Current ratio2.30.80.43.73.1
Cash and cash equivalents35.9013.232.6981.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:80.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.2%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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