X-SOLAR SYSTEMS APS — Credit Rating and Financial Key Figures

X-SOLAR SYSTEMS APS (CVR number: 37267570K) is a company from KØBENHAVN. The company reported a net sales of 38.1 mDKK in 2023, demonstrating a growth of 204.8 % compared to the previous year. The operating profit percentage was poor at -9.1 % (EBIT: -3.5 mDKK), while net earnings were -14.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -30.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -29.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. X-SOLAR SYSTEMS APS's liquidity measured by quick ratio was 7.3 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.