Prima Solar Aps — Credit Rating and Financial Key Figures

CVR number: 26574005
Agervej 6, 8320 Mårslet
mm@muninconsult.com

Company information

Official name
Prima Solar Aps
Personnel
2 persons
Established
2002
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-66.88-30.95-33.44-15.94987.78
EBIT-68.33-17.09-33.44-15.94704.10
Net earnings-1 116.53- 426.30- 425.60- 272.96- 717.27
Shareholders equity total2 502.812 076.511 650.911 377.95660.68
Balance sheet total (assets)2 725.102 452.292 099.081 889.411 695.59
Net debt-1 438.22- 203.18-4.4461.27- 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- 107.85-83.67722.96
Solvency
Equity ratio91.8 %84.7 %78.6 %72.9 %51.7 %
Gearing2.1 %9.6 %18.1 %26.1 %49.1 %
Relative net indebtedness %
Liquidity
Quick ratio16.26.54.73.72.8
Current ratio16.26.54.73.71.6
Cash and cash equivalents1 492.01402.83302.89298.99661.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-43.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.7%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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