Ennogie Solar Group A/S — Credit Rating and Financial Key Figures

Ennogie Solar Group A/S (CVR number: 39703416) is a company from HERNING. The company recorded a gross profit of -753 kDKK in 2020. The operating profit was -1465 kDKK, while net earnings were -372 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ennogie Solar Group A/S's liquidity measured by quick ratio was 18 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.