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Navitas Solar ApS — Credit Rating and Financial Key Figures

CVR number: 39869837
Østerbækvej 7, 8543 Hornslet
mel@navitassolar.dk
navitassolar.dk
Free credit report Annual report

Credit rating

Company information

Official name
Navitas Solar ApS
Established
2018
Company form
Private limited company
Industry

About Navitas Solar ApS

Navitas Solar ApS (CVR number: 39869837) is a company from SYDDJURS. The company recorded a gross profit of 84.9 kDKK in 2025. The operating profit was 84.9 kDKK, while net earnings were 116.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 69.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Navitas Solar ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit349.10104.62252.13523.5384.86
EBIT349.10104.62252.13523.5384.86
Net earnings285.2194.92187.47411.06116.94
Shareholders equity total929.451 024.381 211.841 322.911 439.84
Balance sheet total (assets)1 948.741 848.432 153.471 879.942 076.50
Net debt566.54177.20352.90346.60142.17
Profitability
EBIT-%
ROA17.9 %7.2 %13.9 %28.3 %8.9 %
ROE36.2 %9.7 %16.8 %32.4 %8.5 %
ROI20.6 %7.3 %14.4 %29.9 %9.5 %
Economic value added (EVA)189.99-15.09105.87305.07-22.30
Solvency
Equity ratio47.7 %55.4 %56.3 %70.4 %69.3 %
Gearing80.1 %52.0 %49.0 %33.0 %36.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.50.40.8
Current ratio1.20.70.50.40.8
Cash and cash equivalents178.22355.41241.0690.61381.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:8.91%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.3%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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