Solar Park Næssundvej ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 159.32 | 9 353.33 | 10 007.96 | 9 433.92 | |
Gross profit | 2.03 | 1 733.65 | 7 784.81 | 8 064.37 | 7 658.43 |
EBIT | 2.03 | 11.07 | 3 843.55 | 4 017.98 | 3 607.12 |
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) | 92 331.06 | 123 018.20 | 124 766.96 | 127 837.68 | 123 508.60 |
Net debt | 37 479.06 | 113 223.05 | 114 841.02 | 113 279.57 | 112 493.90 |
Profitability | |||||
EBIT-% | 0.5 % | 41.1 % | 40.1 % | 38.2 % | |
ROA | 0.0 % | 0.0 % | 3.1 % | 3.1 % | 3.1 % |
ROE | -0.2 % | -0.2 % | -1.5 % | -1.5 % | -1.7 % |
ROI | 0.0 % | 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 ratio | 0.5 | 1.0 | 12.4 | 70.6 | 59.8 |
Current ratio | 0.5 | 1.0 | 12.4 | 70.6 | 59.8 |
Cash and cash equivalents | 43 178.88 | 3 748.41 | 7 844.56 | 15 430.52 | 11 655.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 21.0 | 11.7 | 8.0 | 26.7 | |
Net working capital % | -4.1 % | 87.1 % | 155.2 % | 161.3 % | |
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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