SOLARCOOLING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOLARCOOLING ApS
SOLARCOOLING ApS (CVR number: 30556771) is a company from AALBORG. The company recorded a gross profit of 1481.6 kDKK in 2024. The operating profit was -22.4 kDKK, while net earnings were -79.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -8.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -23.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SOLARCOOLING ApS's liquidity measured by quick ratio was 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 899.95 | 1 846.16 | 1 569.18 | 1 838.57 | 1 481.63 |
EBIT | - 114.89 | -76.99 | - 171.50 | 85.09 | -22.42 |
Net earnings | - 115.61 | -33.99 | - 196.98 | 34.42 | -79.42 |
Shareholders equity total | 33.68 | -0.30 | - 197.28 | - 162.86 | - 242.29 |
Balance sheet total (assets) | 1 250.76 | 1 371.64 | 905.85 | 1 135.32 | 801.72 |
Net debt | - 654.64 | 460.48 | 523.11 | 581.72 | 444.82 |
Profitability | |||||
EBIT-% | |||||
ROA | -9.0 % | -5.9 % | -13.9 % | 7.3 % | -1.7 % |
ROE | -126.4 % | -4.8 % | -17.3 % | 3.4 % | -8.2 % |
ROI | -28.5 % | -25.7 % | -31.1 % | 15.1 % | -3.7 % |
Economic value added (EVA) | - 129.35 | -56.92 | - 183.57 | 67.51 | -44.79 |
Solvency | |||||
Equity ratio | 2.7 % | -0.0 % | -17.9 % | -12.5 % | -23.2 % |
Gearing | 33.4 % | -175975.0 % | -277.3 % | -373.3 % | -195.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.5 | 0.3 | 0.6 | 0.5 |
Current ratio | 1.1 | 0.6 | 0.4 | 0.7 | 0.6 |
Cash and cash equivalents | 665.89 | 74.49 | 23.91 | 26.25 | 28.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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