Nordic Solar EPC ApS — Credit Rating and Financial Key Figures

CVR number: 43010484
Strandvejen 104 B, 2900 Hellerup
Free credit report Annual report

Credit rating

Company information

Official name
Nordic Solar EPC ApS
Established
2022
Company form
Private limited company
Industry

About Nordic Solar EPC ApS

Nordic Solar EPC ApS (CVR number: 43010484) is a company from GENTOFTE. The company recorded a gross profit of -156 kEUR in 2024. The operating profit was -159.3 kEUR, while net earnings were -92.1 kEUR. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -46 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 1.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Nordic Solar EPC ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2022
2023
2024
Volume
Net sales
Gross profit-70.09- 304.61- 156.05
EBIT-70.09- 304.61- 159.30
Net earnings92.15148.66-92.05
Shareholders equity total97.57246.24154.19
Balance sheet total (assets)10 270.949 068.319 819.64
Net debt4 195.575 156.438 646.16
Profitability
EBIT-%
ROA10.2 %3.5 %-1.0 %
ROE94.4 %86.5 %-46.0 %
ROI22.7 %4.9 %-1.0 %
Economic value added (EVA)-54.66- 470.76- 574.99
Solvency
Equity ratio0.9 %2.7 %1.6 %
Gearing4655.4 %3564.1 %6253.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.0
Current ratio1.01.01.0
Cash and cash equivalents346.753 619.65996.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-0.99%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.57%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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