ProSolar ApS — Credit Rating and Financial Key Figures

CVR number: 34610630
Energivej 42, 2750 Ballerup
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Credit rating

Company information

Official name
ProSolar ApS
Personnel
18 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 11.5 mDKK in 2024. The operating profit was -3108 kDKK, while net earnings were -4008.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.3 %, which can be considered poor and Return on Equity (ROE) was -87.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 15.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ProSolar ApS's liquidity measured by quick ratio was 0.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 929.422 977.6115 634.9522 282.9211 504.49
EBIT120.23955.957 393.182 558.93-3 107.98
Net earnings5.28558.965 554.431 187.19-4 008.47
Shareholders equity total282.36841.326 395.756 582.942 574.46
Balance sheet total (assets)6 658.625 171.8830 838.2725 962.7217 198.10
Net debt2 992.85258.08-2 605.089 471.829 506.50
Profitability
EBIT-%
ROA2.7 %16.2 %41.1 %9.0 %-14.3 %
ROE1.9 %99.5 %153.5 %18.3 %-87.5 %
ROI4.6 %41.8 %176.7 %22.0 %-21.8 %
Economic value added (EVA)-14.30528.325 682.911 623.48-3 932.57
Solvency
Equity ratio4.2 %16.3 %21.1 %25.9 %15.2 %
Gearing1081.7 %47.2 %11.5 %145.5 %373.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.70.60.7
Current ratio1.01.21.21.31.1
Cash and cash equivalents61.41139.453 338.42107.01111.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-14.3%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.2%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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