GLOBAL SOLAR ApS — Credit Rating and Financial Key Figures

GLOBAL SOLAR ApS (CVR number: 34057893) is a company from VEJEN. The company recorded a gross profit of -81.7 kDKK in 2016. The operating profit was -82.3 kDKK, while net earnings were -211.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.8 %, which can be considered poor and Return on Equity (ROE) was -95.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -11.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. GLOBAL SOLAR ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.