JOLAR INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 25736419
Ansøvej 20, Fogstrup 8653 Them

Credit rating

Company information

Official name
JOLAR INVEST ApS
Personnel
1 person
Established
2000
Domicile
Fogstrup
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings536.181 305.57660.78-3 270.56-2 195.76
Shareholders equity total26 173.9726 479.5426 140.3322 369.7620 074.00
Balance sheet total (assets)34 990.0835 076.6434 850.2031 450.0129 199.75
Net debt- 401.66-3 600.71874.32776.26- 756.52
Profitability
EBIT-%
ROA3.5 %12.2 %8.8 %11.0 %-7.2 %
ROE2.0 %5.0 %2.5 %-13.5 %-10.3 %
ROI3.5 %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 ratio74.8 %75.5 %75.0 %71.1 %68.7 %
Gearing33.3 %28.1 %29.8 %36.5 %42.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.51.01.01.2
Current ratio1.11.51.01.01.2
Cash and cash equivalents9 128.4811 032.366 912.617 381.689 200.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-7.19%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.7%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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