SolarLab A/S — Credit Rating and Financial Key Figures

CVR number: 34720975
Industrivej 8, 8260 Viby J
www.solarlab.dk

Credit rating

Company information

Official name
SolarLab A/S
Personnel
13 persons
Established
2012
Company form
Limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

About SolarLab A/S

SolarLab A/S (CVR number: 34720975) is a company from AARHUS. The company recorded a gross profit of 16 mDKK in 2023. The operating profit was 11.9 mDKK, while net earnings were 8751.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.7 %, which can be considered excellent and Return on Equity (ROE) was 69.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SolarLab A/S's liquidity measured by quick ratio was 2.2 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
20192020202120222023
Volume
Net sales
Gross profit4 872.073 717.363 401.505 918.6616 040.74
EBIT3 820.701 530.94466.473 561.5111 881.61
Net earnings2 840.92963.50362.982 622.268 751.86
Shareholders equity total4 336.195 299.685 522.568 144.8316 896.68
Balance sheet total (assets)8 335.4410 833.9812 068.0223 114.3232 541.56
Net debt-1 821.08- 581.452 279.114 396.393 653.83
Profitability
EBIT-%
ROA60.5 %17.2 %4.5 %20.3 %42.7 %
ROE97.4 %20.0 %6.7 %38.4 %69.9 %
ROI101.4 %30.9 %7.4 %32.6 %59.1 %
Economic value added (EVA)2 904.451 059.16122.512 580.538 951.97
Solvency
Equity ratio52.0 %48.9 %45.8 %37.6 %52.7 %
Gearing10.7 %10.7 %41.3 %55.7 %41.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.51.61.52.2
Current ratio2.11.91.81.42.3
Cash and cash equivalents2 284.001 146.62141.743 310.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:42.7%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.7%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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