88176363 Aps — Credit Rating and Financial Key Figures

CVR number: 34464685
Skjernvej 1, 9220 Aalborg Øst
info@solarflex.dk
tel: 88176363

Credit rating

Company information

Official name
88176363 Aps
Established
2012
Company form
Private limited company
Industry

About 88176363 Aps

88176363 Aps (CVR number: 34464685) is a company from AALBORG. The company recorded a gross profit of 2328.4 kDKK in 2016. The operating profit was 257.8 kDKK, while net earnings were 188.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 42.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.5 %, 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. 88176363 Aps's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
Volume
Net sales
Gross profit2 328.36
EBIT257.80
Net earnings188.57
Shareholders equity total442.93
Balance sheet total (assets)3 063.80
Net debt1 343.43
Profitability
EBIT-%
ROA8.4 %
ROE42.6 %
ROI14.4 %
Economic value added (EVA)199.98
Solvency
Equity ratio14.5 %
Gearing303.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.5
Current ratio1.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:8.45%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.5%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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