Prima Solar Aps — Credit Rating and Financial Key Figures
Credit rating
Company information
About Prima Solar Aps
Prima Solar Aps (CVR number: 26574005) is a company from AARHUS. The company recorded a gross profit of 987.8 kDKK in 2024. The operating profit was 704.1 kDKK, while net earnings were -717.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43.5 %, which can be considered poor and Return on Equity (ROE) was -70.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Prima Solar Aps's liquidity measured by quick ratio was 2.8 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 | -66.88 | -30.95 | -33.44 | -15.94 | 987.78 |
EBIT | -68.33 | -17.09 | -33.44 | -15.94 | 704.10 |
Net earnings | -1 116.53 | - 426.30 | - 425.60 | - 272.96 | - 717.27 |
Shareholders equity total | 2 502.81 | 2 076.51 | 1 650.91 | 1 377.95 | 660.68 |
Balance sheet total (assets) | 2 725.10 | 2 452.29 | 2 099.08 | 1 889.41 | 1 695.59 |
Net debt | -1 438.22 | - 203.18 | -4.44 | 61.27 | - 337.13 |
Profitability | |||||
EBIT-% | |||||
ROA | -9.6 % | -5.9 % | -13.2 % | -12.7 % | -43.5 % |
ROE | -36.1 % | -18.6 % | -22.8 % | -18.0 % | -70.4 % |
ROI | -10.5 % | -6.3 % | -14.2 % | -13.8 % | -57.2 % |
Economic value added (EVA) | -83.98 | -62.93 | - 107.85 | -83.67 | 722.96 |
Solvency | |||||
Equity ratio | 91.8 % | 84.7 % | 78.6 % | 72.9 % | 51.7 % |
Gearing | 2.1 % | 9.6 % | 18.1 % | 26.1 % | 49.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 16.2 | 6.5 | 4.7 | 3.7 | 2.8 |
Current ratio | 16.2 | 6.5 | 4.7 | 3.7 | 1.6 |
Cash and cash equivalents | 1 492.01 | 402.83 | 302.89 | 298.99 | 661.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
Variable visualization
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