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

CVR number: 37267570
Vesterbrogade 24, 1620 København V
info@mpayg.com
tel: 21477833
mpayg.com

Company information

Official name
X-SOLAR SYSTEMS APS
Personnel
2 persons
Established
2015
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales120.5581.541 123.871.50
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-4 217.39-4 124.95-6 975.69-13 902.413 030.95
Shareholders equity total4 471.67346.72-6 628.97-20 531.39-17 500.44
Balance sheet total (assets)7 625.9611 656.5340 387.1745 916.6167 826.54
Net debt2 683.9610 197.5730 298.4964 488.5284 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 ratio58.6 %3.0 %-14.1 %-30.9 %-20.5 %
Gearing61.0 %3149.2 %-703.8 %-320.8 %-485.2 %
Relative net indebtedness %2581.4 %37600.1 %5789.4 %5665810.8 %
Liquidity
Quick ratio3.716.23.733.5139.0
Current ratio6.916.23.733.5139.0
Cash and cash equivalents42.44721.3216 356.991 382.32339.81
Capital use efficiency
Trade debtors turnover (days)3.610.1
Net working capital %2079.1 %31589.6 %3548.0 %4299768.9 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:14.6%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-20.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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