Solar Park Kassø ApS — Credit Rating and Financial Key Figures

CVR number: 41125411
Kassøvej 23, Sdr Ønlev 6230 Rødekro

Company information

Official name
Solar Park Kassø ApS
Personnel
27 persons
Established
2020
Domicile
Sdr Ønlev
Company form
Private limited company
Industry

About Solar Park Kassø ApS

Solar Park Kassø ApS (CVR number: 41125411) is a company from AABENRAA. The company reported a net sales of 146.6 mDKK in 2023, demonstrating a growth of 1425.4 % compared to the previous year. The operating profit percentage was at 39.6 % (EBIT: 58 mDKK), while net earnings were 14.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 18.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Solar Park Kassø ApS's liquidity measured by quick ratio was 0.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales9 610.63146 604.39
Gross profit-0.76- 146.516 407.02147 039.11
EBIT-0.76- 146.516 407.0258 042.64
Net earnings-0.59- 302.834 997.4714 508.82
Shareholders equity total39.41- 203.424 794.05338 934.85
Balance sheet total (assets)3 391.91544 885.681 254 178.271 824 079.23
Net debt3 123.53516 811.181 190 792.651 318 625.79
Profitability
EBIT-%66.7 %39.6 %
ROA-0.0 %-0.1 %0.7 %3.8 %
ROE-1.5 %-0.1 %1.8 %8.4 %
ROI-0.0 %-0.1 %0.7 %4.0 %
Economic value added (EVA)-0.76- 264.39-22 334.77-16 543.15
Solvency
Equity ratio1.2 %-0.0 %0.4 %18.6 %
Gearing7997.8 %-254063.6 %24939.9 %400.7 %
Relative net indebtedness %12640.0 %959.4 %
Liquidity
Quick ratio1.90.00.50.1
Current ratio1.90.00.50.1
Cash and cash equivalents28.404 838.2839 323.13
Capital use efficiency
Trade debtors turnover (days)98.214.5
Net working capital %-119.3 %-617.2 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:3.82%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.6%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.