Sol Voltaics AB
ABBankruptOrg 5567516116Engineering activities and related technical consultancy· NACE 7112Est. 2008 · 18 years old55 employees
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Riskpilot← Back to searchSign inGet full accessSol Voltaics AB is a Swedish AB, operating in the Engineering activities and related technical consultancy sector. Incorporated in 2008, the company has 55 employees and reported revenue of SEK 0 in its latest annual filing.
| Revenue | 0M SEK | — |
| EBITDA | -81.4M SEK | -76% |
| Net profit | -93.1M SEK | -96% |
| Total assets | 136.8M SEK | +169% |
| Equity | 69.3M SEK | +2848% |
| Employees | 55 | — |
In its most recent annual report (2017), Sol Voltaics AB reported revenue of SEK 0. The figures on this page draw on 2 annual filings covering 2016 to 2017. The bottom line showed a net loss of SEK 93.1m.
At the end of 2017, equity financed 50.6% of the balance sheet, and current assets covered short-term debt 3.1 times.
| Item | 2017 | 2016 |
|---|---|---|
| Revenue | 0 | 0 |
| Staff expenses | — | — |
| EBITDA | -81,405 | -46,362 |
| Depreciation & amort. | -11,607 | -1,069 |
| EBIT | -93,012 | -47,431 |
| Net financials | -62 | -39 |
| Profit before tax | -93,074 | -47,470 |
| Tax | -0 | -0 |
| Net profit | -93,074 | -47,470 |
| Item | 2017 | 2016 |
|---|---|---|
| Total assets | 136,848 | 50,857 |
| Equity | 69,295 | -2,522 |
| Long-term debt | 41,000 | 41,000 |
| Short-term debt | 26,554 | 12,379 |
| Total debt | 67,554 | 53,379 |
28 financial ratios from the latest filing, each graded against companies in the same industry.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Net profit as a percentage of total assets — the return generated on the capital employed.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's debt.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
The size of this year's increase or decrease in the company's equity.
| Name | Role | Member since |
|---|
EC Chief Executive Officer | Chief Executive Officer | 2020 – 2022 |
AO Chief Auditor | Chief Auditor | 2020 – 2022 |
| Name | Role | Member since |
|---|
PJ Board of Directors | Board of Directors | 2020 – 2022 |
TJ Board of Directors | Board of Directors | 2020 – 2022 |
LI Board of Directors | Board of Directors | 2020 – 2022 |
JD Board of Directors | Board of Directors | 2020 – 2022 |
NA Board of Directors | Board of Directors | 2020 – 2022 |
MO Chairman | Chairman | 2020 – 2022 |
MC Deputy Board Member | Deputy Board Member | 2020 – 2022 |
HK Board of Directors | Board of Directors | 2020 – 2022 |
No shareholder data available.
| Person | Role here | Other companies |
|---|---|---|
| Anders Ola Bjärehäll | Chief Auditor | 77 companiesMany roles |
| Hans Kristian Sildeby | Board of Directors | 15 companiesMany roles |
| Per Johan Anell | Board of Directors | 12 companiesMany roles |
| Mimmi Carolina Hedelin | Deputy Board Member | 4 companies |
| Lars Ivar Samuelson | Board of Directors | 3 companies |
| Magnus Olof Waldemar Ryde | Chairman | 2 companies |
| Erik Cropsey Smith | Chief Executive Officer | 1 company |