Solar Solutions Nordic ApS — Credit Rating and Financial Key Figures

CVR number: 37857076
A.P. Møllers Allé 11, 2791 Dragør

Company information

Official name
Solar Solutions Nordic ApS
Established
2016
Company form
Private limited company
Industry

About Solar Solutions Nordic ApS

Solar Solutions Nordic ApS (CVR number: 37857076) is a company from DRAGØR. The company recorded a gross profit of -2733.7 kDKK in 2023. The operating profit was -2733.7 kDKK, while net earnings were -2733.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -45.5 %, which can be considered poor and Return on Equity (ROE) was -46.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Solar Solutions Nordic ApS's liquidity measured by quick ratio was 2410.5 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-3 273.09-3 010.07515.78241.08-2 733.66
EBIT-3 273.09-3 010.07515.78241.08-2 733.66
Net earnings-3 273.09-3 010.07402.31187.85-2 733.66
Shareholders equity total9 707.576 697.517 099.827 287.664 554.00
Balance sheet total (assets)9 707.578 883.407 213.297 456.104 555.89
Net debt-84.00- 247.15- 110.00-61.31-1.22
Profitability
EBIT-%
ROA-28.9 %-32.4 %6.4 %3.3 %-45.5 %
ROE-28.9 %-36.7 %5.8 %2.6 %-46.2 %
ROI-28.9 %-36.7 %7.5 %3.4 %-46.2 %
Economic value added (EVA)-3 913.33-3 484.2878.18- 163.20-3 096.79
Solvency
Equity ratio100.0 %75.4 %98.4 %97.7 %100.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.164.62 410.5
Current ratio4.164.62 410.5
Cash and cash equivalents84.00247.15110.0061.311.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-45.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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