Solar Park Næssundvej ApS — Credit Rating and Financial Key Figures

CVR number: 40038175
Gyngemose Parkvej 50, 2860 Søborg

Company information

Official name
Solar Park Næssundvej ApS
Established
2018
Company form
Private limited company
Industry

About Solar Park Næssundvej ApS

Solar Park Næssundvej ApS (CVR number: 40038175) is a company from GLADSAXE. The company reported a net sales of 9.4 mDKK in 2023, demonstrating a decline of -5.7 % compared to the previous year. The operating profit percentage was at 38.2 % (EBIT: 3.6 mDKK), while net earnings were -2170.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -4.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Solar Park Næssundvej ApS's liquidity measured by quick ratio was 59.8 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 159.329 353.3310 007.969 433.92
Gross profit2.031 733.657 784.818 064.377 658.43
EBIT2.0311.073 843.554 017.983 607.12
Net earnings- 148.18- 226.73-1 855.10-1 922.55-2 170.95
Shareholders equity total-88.18- 314.91-2 170.02-4 092.57-6 263.52
Balance sheet total (assets)92 331.06123 018.20124 766.96127 837.68123 508.60
Net debt37 479.06113 223.05114 841.02113 279.57112 493.90
Profitability
EBIT-%0.5 %41.1 %40.1 %38.2 %
ROA0.0 %0.0 %3.1 %3.1 %3.1 %
ROE-0.2 %-0.2 %-1.5 %-1.5 %-1.7 %
ROI0.0 %0.0 %3.2 %3.2 %3.1 %
Economic value added (EVA)1.44-4 179.57-2 449.55-3 099.73-3 598.97
Solvency
Equity ratio-0.1 %-0.3 %-1.7 %-3.1 %-4.8 %
Gearing-91468.6 %-37143.9 %-5653.7 %-3145.0 %-1982.1 %
Relative net indebtedness %5354.0 %1235.4 %1134.1 %1195.2 %
Liquidity
Quick ratio0.51.012.470.659.8
Current ratio0.51.012.470.659.8
Cash and cash equivalents43 178.883 748.417 844.5615 430.5211 655.65
Capital use efficiency
Trade debtors turnover (days)21.011.78.026.7
Net working capital %-4.1 %87.1 %155.2 %161.3 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:3.12%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-4.83%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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