MNSolar ApS — Credit Rating and Financial Key Figures

MNSolar ApS (CVR number: 43460404) is a company from HORSENS. The company recorded a gross profit of 418.4 kDKK in 2023. The operating profit was 163.1 kDKK, while net earnings were 107.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34 %, which can be considered excellent and Return on Equity (ROE) was 72.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MNSolar ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.