Solar Park Harre ApS — Credit Rating and Financial Key Figures

Solar Park Harre ApS (CVR number: 40659862) is a company from GLADSAXE. The company reported a net sales of 18.2 mDKK in 2023, demonstrating a decline of -63.7 % compared to the previous year. The operating profit percentage was at 21.1 % (EBIT: 3.8 mDKK), while net earnings were -885 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -6.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 3.6 %, 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. Solar Park Harre ApS's liquidity measured by quick ratio was 6.4 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.