SOLARFUTURE ApS — Credit Rating and Financial Key Figures

CVR number: 36456205
Herstedvang 10, 2620 Albertslund

Credit rating

Company information

Official name
SOLARFUTURE ApS
Personnel
22 persons
Established
2014
Company form
Private limited company
Industry
  • Expand more icon26Manufacture of computer, electronic and optical products

About SOLARFUTURE ApS

SOLARFUTURE ApS (CVR number: 36456205) is a company from ALBERTSLUND. The company recorded a gross profit of 29.6 mDKK in 2024. The operating profit was 15.8 mDKK, while net earnings were 11.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 42.5 %, which can be considered excellent and Return on Equity (ROE) was 60.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SOLARFUTURE ApS's liquidity measured by quick ratio was 3.6 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.

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 profit5 600.114 866.3213 732.0117 545.4929 620.28
EBIT3 522.461 919.569 455.449 164.1515 838.20
Net earnings2 809.351 402.227 128.086 887.8111 608.56
Shareholders equity total3 838.252 840.478 573.5615 461.3723 069.93
Balance sheet total (assets)11 087.377 020.8224 400.5236 394.0838 413.65
Net debt-3 786.95-2 508.63-6 577.23- 610.40-10 295.73
Profitability
EBIT-%
ROA51.9 %21.5 %60.2 %30.3 %42.5 %
ROE104.7 %42.0 %124.9 %57.3 %60.3 %
ROI107.0 %47.1 %146.9 %66.7 %68.6 %
Economic value added (EVA)2 718.541 495.057 363.527 057.5411 620.12
Solvency
Equity ratio34.6 %40.5 %35.1 %42.5 %60.1 %
Gearing0.2 %3.9 %2.5 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.81.01.53.6
Current ratio1.91.81.61.93.8
Cash and cash equivalents3 796.082 508.636 908.671 001.4910 410.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:42.5%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.1%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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