SOLAR42 ApS — Credit Rating and Financial Key Figures

CVR number: 44699621
Åbenråvej 5, St Emmerske 6270 Tønder

Credit rating

Company information

Official name
SOLAR42 ApS
Personnel
3 persons
Established
2024
Domicile
St Emmerske
Company form
Private limited company
Industry

About SOLAR42 ApS

SOLAR42 ApS (CVR number: 44699621) is a company from TØNDER. The company recorded a gross profit of 1985.4 kDKK in 2024. The operating profit was 909.5 kDKK, while net earnings were 675.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.4 %, which can be considered excellent and Return on Equity (ROE) was 94.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.1 %, 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. SOLAR42 ApS's liquidity measured by quick ratio was 0.9 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2024
Volume
Net sales
Gross profit1 985.40
EBIT909.46
Net earnings675.95
Shareholders equity total715.95
Balance sheet total (assets)2 643.16
Net debt162.47
Profitability
EBIT-%
ROA34.4 %
ROE94.4 %
ROI74.4 %
Economic value added (EVA)692.06
Solvency
Equity ratio27.1 %
Gearing70.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.9
Current ratio1.2
Cash and cash equivalents344.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:34.4%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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