ProSolar ApS — Credit Rating and Financial Key Figures

CVR number: 34610630
Energivej 42, 2750 Ballerup

Company information

Official name
ProSolar ApS
Personnel
27 persons
Established
2012
Company form
Private limited company
Industry

About ProSolar ApS

ProSolar ApS (CVR number: 34610630) is a company from BALLERUP. The company recorded a gross profit of 22.3 mDKK in 2023. The operating profit was 2558.9 kDKK, while net earnings were 1187.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ProSolar ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 653.522 929.422 977.6115 634.9522 282.92
EBIT304.50120.23955.957 393.182 558.93
Net earnings129.205.28558.965 554.431 187.19
Shareholders equity total277.09282.36841.326 395.756 582.94
Balance sheet total (assets)2 598.116 658.625 171.8830 838.2725 962.72
Net debt1 697.252 992.85258.08-2 605.089 471.82
Profitability
EBIT-%
ROA11.1 %2.7 %16.2 %41.1 %9.0 %
ROE60.8 %1.9 %99.5 %153.5 %18.3 %
ROI15.8 %4.6 %41.8 %176.7 %22.0 %
Economic value added (EVA)215.1871.83684.925 710.001 828.08
Solvency
Equity ratio10.7 %4.2 %16.3 %21.1 %25.9 %
Gearing615.4 %1081.7 %47.2 %11.5 %145.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.80.70.70.6
Current ratio2.41.01.21.21.3
Cash and cash equivalents7.8761.41139.453 338.42107.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:9.01%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.9%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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