Ibernordic Solar ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ibernordic Solar ApS
Ibernordic Solar ApS (CVR number: 38869329) is a company from SØNDERBORG. The company recorded a gross profit of -1095.3 kDKK in 2024. The operating profit was -1786.8 kDKK, while net earnings were -2902.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.7 %, which can be considered poor and Return on Equity (ROE) was -17.3 %, 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. Ibernordic Solar ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -5.31 | 343.26 | - 397.57 | - 961.90 | -1 095.32 |
| EBIT | -5.31 | 343.26 | - 534.72 | -1 585.21 | -1 786.77 |
| Net earnings | - 650.44 | 1 332.46 | 2 148.38 | -1 784.42 | -2 902.18 |
| Shareholders equity total | - 657.75 | 771.71 | 3 048.08 | 1 261.52 | -1 641.43 |
| Balance sheet total (assets) | 353.32 | 1 136.93 | 4 452.86 | 11 994.12 | 32 347.13 |
| Net debt | 988.09 | 270.45 | 704.29 | 10 508.72 | 33 889.19 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -106.8 % | 131.2 % | 73.3 % | -22.5 % | -10.7 % |
| ROE | -247.0 % | 236.9 % | 112.5 % | -82.8 % | -17.3 % |
| ROI | -107.8 % | 136.7 % | 75.9 % | -22.7 % | -10.7 % |
| Economic value added (EVA) | -12.55 | 250.21 | - 470.32 | -1 454.78 | -1 994.21 |
| Solvency | |||||
| Equity ratio | -65.1 % | 67.9 % | 68.5 % | 10.5 % | -4.8 % |
| Gearing | -153.1 % | 36.8 % | 42.4 % | 847.3 % | -2067.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.3 | 2.7 | 0.6 | 0.2 | 1.5 |
| Current ratio | 0.3 | 2.7 | 3.1 | 1.1 | 10.5 |
| Cash and cash equivalents | 18.60 | 13.68 | 586.93 | 180.61 | 42.88 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | BB | BB | BB | BB |
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