X-SOLAR SYSTEMS APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About X-SOLAR SYSTEMS APS
X-SOLAR SYSTEMS APS (CVR number: 37267570) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2024, demonstrating a decline of -99.9 % compared to the previous year. The operating profit percentage was poor at -435167.4 % (EBIT: -6.5 mDKK), while net earnings were 3031 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -20.5 %. 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 139 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 120.55 | 81.54 | 1 123.87 | 1.50 | |
Gross profit | -1 046.28 | - 895.81 | -1 303.21 | -1 094.63 | -2 024.81 |
EBIT | -4 332.98 | -4 915.52 | -5 937.07 | -4 333.45 | -6 527.51 |
Net earnings | -4 217.39 | -4 124.95 | -6 975.69 | -13 902.41 | 3 030.95 |
Shareholders equity total | 4 471.67 | 346.72 | -6 628.97 | -20 531.39 | -17 500.44 |
Balance sheet total (assets) | 7 625.96 | 11 656.53 | 40 387.17 | 45 916.61 | 67 826.54 |
Net debt | 2 683.96 | 10 197.57 | 30 298.49 | 64 488.52 | 84 569.61 |
Profitability | |||||
EBIT-% | -3594.3 % | -7281.2 % | -385.6 % | -435167.4 % | |
ROA | -66.1 % | -38.6 % | -17.0 % | -3.7 % | 14.6 % |
ROE | -104.6 % | -171.2 % | -34.3 % | -32.2 % | 5.3 % |
ROI | -69.6 % | -40.3 % | -17.2 % | -3.7 % | 14.7 % |
Economic value added (EVA) | -4 335.77 | -4 908.51 | -6 299.13 | -6 298.40 | -10 223.52 |
Solvency | |||||
Equity ratio | 58.6 % | 3.0 % | -14.1 % | -30.9 % | -20.5 % |
Gearing | 61.0 % | 3149.2 % | -703.8 % | -320.8 % | -485.2 % |
Relative net indebtedness % | 2581.4 % | 37600.1 % | 5789.4 % | 5665810.8 % | |
Liquidity | |||||
Quick ratio | 3.7 | 16.2 | 3.7 | 33.5 | 139.0 |
Current ratio | 6.9 | 16.2 | 3.7 | 33.5 | 139.0 |
Cash and cash equivalents | 42.44 | 721.32 | 16 356.99 | 1 382.32 | 339.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3.6 | 10.1 | |||
Net working capital % | 2079.1 % | 31589.6 % | 3548.0 % | 4299768.9 % | |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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