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

X-SOLAR SYSTEMS APS (CVR number: 37267570) is a company from KØBENHAVN. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 571.9 % compared to the previous year. The operating profit percentage was poor at -791 % (EBIT: -4.3 mDKK), while net earnings were -13.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -32.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -30.9 %. 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 33.5 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.