X - SOL DANMARK ApS — Credit Rating and Financial Key Figures

CVR number: 34490775
Saltrup Vænge 11, 3230 Græsted
info@x-sol.dk
tel: 26322045
www.x-sol.dk
Free credit report Annual report

Company information

Official name
X - SOL DANMARK ApS
Personnel
1 person
Established
2012
Company form
Private limited company
Industry

About X - SOL DANMARK ApS

X - SOL DANMARK ApS (CVR number: 34490775) is a company from GRIBSKOV. The company reported a net sales of 1.2 mDKK in 2024, demonstrating a decline of -62.6 % compared to the previous year. The operating profit percentage was at 5.6 % (EBIT: 0.1 mDKK), while net earnings were 41.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good and Return on Equity (ROE) was 10.3 %, which can be considered good. 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. X - SOL DANMARK ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales791.301 581.003 145.991 177.31
Gross profit122.29162.48162.48327.82258.49
EBIT59.1186.4886.48-38.4165.88
Net earnings40.6762.2962.29-43.8841.83
Shareholders equity total269.30331.59440.41384.41426.68
Balance sheet total (assets)453.95497.191 423.25940.35426.68
Net debt-41.45- 165.60- 977.87- 621.70- 199.33
Profitability
EBIT-%7.5 %5.5 %-1.2 %5.6 %
ROA13.3 %18.2 %9.0 %-3.2 %9.6 %
ROE16.0 %20.7 %16.1 %-10.6 %10.3 %
ROI23.3 %28.8 %22.4 %-9.3 %16.2 %
Economic value added (EVA)36.6053.9241.27-52.0832.07
Solvency
Equity ratio59.3 %66.7 %30.9 %40.9 %100.0 %
Gearing
Relative net indebtedness %18.1 %0.3 %-2.1 %-16.9 %
Liquidity
Quick ratio2.02.41.31.7
Current ratio2.53.01.41.7
Cash and cash equivalents41.45165.60977.87621.70199.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %34.0 %27.9 %12.2 %36.2 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:9.64%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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