SolarLab A/S — Credit Rating and Financial Key Figures

CVR number: 34720975
Jens Juuls Vej 9, 8260 Viby J
www.solarlab.dk
Free credit report Annual report

Company information

Official name
SolarLab A/S
Personnel
21 persons
Established
2012
Company form
Limited company
Industry

About SolarLab A/S

SolarLab A/S (CVR number: 34720975) is a company from AARHUS. The company recorded a gross profit of 14.1 mDKK in 2024. The operating profit was 7695.3 kDKK, while net earnings were 5161.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent and Return on Equity (ROE) was 26.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49 %, 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 717.363 401.505 918.6616 359.2314 106.85
EBIT1 530.94466.473 561.5111 881.617 695.29
Net earnings963.50362.982 622.268 751.865 161.81
Shareholders equity total5 299.685 522.568 144.8316 896.6822 058.49
Balance sheet total (assets)10 833.9812 068.0223 114.3232 541.5652 296.30
Net debt- 581.452 279.114 396.393 653.835 013.80
Profitability
EBIT-%
ROA17.2 %4.5 %20.3 %42.7 %18.4 %
ROE20.0 %6.7 %38.4 %69.9 %26.5 %
ROI30.9 %7.4 %32.6 %59.1 %25.0 %
Economic value added (EVA)921.1336.422 389.258 569.994 642.47
Solvency
Equity ratio48.9 %45.8 %37.6 %52.7 %49.0 %
Gearing10.7 %41.3 %55.7 %41.2 %46.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.61.52.22.2
Current ratio1.91.81.42.31.7
Cash and cash equivalents1 146.62141.743 310.085 252.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:18.4%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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