JOLAR INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JOLAR INVEST ApS
JOLAR INVEST ApS (CVR number: 25736419) is a company from SILKEBORG. The company recorded a gross profit of -137.3 kDKK in 2023. The operating profit was -361.5 kDKK, while net earnings were -2195.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.2 %, which can be considered poor and Return on Equity (ROE) was -10.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.7 %, 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. JOLAR INVEST ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 110.73 | - 115.58 | - 150.91 | - 116.74 | - 137.33 |
EBIT | - 351.40 | - 356.36 | - 393.13 | - 357.79 | - 361.46 |
Net earnings | 536.18 | 1 305.57 | 660.78 | -3 270.56 | -2 195.76 |
Shareholders equity total | 26 173.97 | 26 479.54 | 26 140.33 | 22 369.76 | 20 074.00 |
Balance sheet total (assets) | 34 990.08 | 35 076.64 | 34 850.20 | 31 450.01 | 29 199.75 |
Net debt | - 401.66 | -3 600.71 | 874.32 | 776.26 | - 756.52 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.5 % | 12.2 % | 8.8 % | 11.0 % | -7.2 % |
ROE | 2.0 % | 5.0 % | 2.5 % | -13.5 % | -10.3 % |
ROI | 3.5 % | 5.1 % | 9.1 % | -9.1 % | -5.7 % |
Economic value added (EVA) | -1 317.13 | -1 212.90 | -1 169.35 | -1 323.98 | -1 114.62 |
Solvency | |||||
Equity ratio | 74.8 % | 75.5 % | 75.0 % | 71.1 % | 68.7 % |
Gearing | 33.3 % | 28.1 % | 29.8 % | 36.5 % | 42.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.5 | 1.0 | 1.0 | 1.2 |
Current ratio | 1.1 | 1.5 | 1.0 | 1.0 | 1.2 |
Cash and cash equivalents | 9 128.48 | 11 032.36 | 6 912.61 | 7 381.68 | 9 200.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
Variable visualization
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