Solar AS Financials

ZVR Stock

EUR 27.00 0.55 2.00%

Financial data analysis helps to confirm if markets are presently mispricing Solar AS. We were able to interpolate thirty-three available drivers for Solar AS, which can be compared to its competition. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Solar AS to be traded at €26.19 in 90 days.

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Solar AS Balance Sheet Chart

At this time, Solar AS's Accounts Payable is most likely to increase significantly in the upcoming years. The Solar AS's current Cash is estimated to increase to about 237.9 M, while Other Current Liabilities is projected to decrease to roughly 2.9 M.

Total Assets Other Current Liab Total Current Liabilities Total Stockholder Equity

Key indicators impacting Solar AS's financial strength include:

Current Value

Last Year

Change From Last Year

10 Year Trend

Operating Income

157.7 M

166 M

Notably Down

Slightly volatile

Understanding current and past Solar AS Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Solar AS's financial statements are interrelated, with each one affecting the others. For example, an increase in Solar AS's assets may result in an increase in income on the income statement.

Solar AS Stock Summary

Solar AS competes with X-FAB Silicon, NORDHEALTH, GUARDANT HEALTH, ATRYS HEALTH, and Ramsay Health. Solar AS operates as a sourcing and services company in electrical, heating and plumbing, ventilation, and climate and energy solutions in the Danish, Swedish, Norwegian, and Dutch markets. The company was founded in 1919 and is based in Vejen, Denmark. SOLAR AS is traded on Frankfurt Stock Exchange in Germany.

Specialization	Information Technology, Electronics & Computer Distribution
Instrument	Germany Stock View All
Exchange	Frankfurt Exchange
ISIN	DK0010274844
Business Address	Industrivej Vest 43,
Sector	Electronic Equipment, Instruments & Components
Industry	Information Technology
Benchmark	Dow Jones Industrial
Website	www.solar.eu
Phone	45 79 30 00 00
Currency	EUR - Euro

You should never invest in Solar AS without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Solar Stock, because this is throwing your money away. Analyzing the key information contained in Solar AS's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Solar AS Key Financial Ratios

There are many critical financial ratios that Solar AS's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Solar AS reports annually and quarterly.

	Revenue	12.17 B
	Gross Profit	2.48 B
	EBITDA	270 M
	Net Income	74 M
	Total Asset	6.3 B

More Fundamentals

Solar AS Key Balance Sheet Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	5.3B	5.9B	6.1B	6.1B	6.3B	5.7B
Other Current Liab	153M	2M	14M	8M	3M	2.9M
Retained Earnings	1.4B	1.0B	1.2B	1.2B	1.3B	1.3B
Accounts Payable	2.1B	1.9B	1.8B	1.9B	1.9B	1.9B
Cash	481M	166M	441M	459M	133M	237.9M
Long Term Debt	120M	293M	434M	425M	664M	697.2M
Net Receivables	1.5B	1.9B	1.6B	1.7B	1.7B	1.7B
Inventory	1.9B	2.2B	2.0B	1.9B	1.9B	1.8B
Total Liab	3.4B	4.0B	4.1B	4.2B	4.3B	3.7B
Short Long Term Debt	19M	556M	713M	841M	650M	409.4M
Total Current Assets	3.9B	4.3B	4.2B	4.2B	3.8B	3.9B
Intangible Assets	159M	173M	226M	306M	350M	249.2M
Net Invested Capital	2.1B	2.8B	3.1B	3.1B	3.3B	2.8B
Net Working Capital	972M	1.1B	997M	852M	623M	856.2M

Solar AS Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Solar AS. It measures of how well Solar is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Solar AS brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Solar had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Solar AS has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (capital allocation) and investing in non-business activities like paying off debt or making acquisitions.

	2021	2022	2023	2024	2025	2026 (projected)
Change To Inventory	(319M)	(433M)	(8M)	113M	117M	122.9M
Investments	(8M)	(259M)	(366M)	(265M)	(238.5M)	(226.6M)
Change In Cash	77M	(325M)	117M	18M	(326M)	(309.7M)
Net Borrowings	(203M)	692M	290M	102M	61M	64.1M
Depreciation	185M	266M	309M	318M	346M	194.4M
Dividends Paid	204M	658M	329M	219M	110M	183.0M
Capital Expenditures	143M	226M	246M	316M	546M	573.3M
Net Income	531M	660M	347M	151M	74M	70.3M
End Period Cash Flow	481M	166M	231M	459M	133M	238.6M
Free Cash Flow	582M	(210M)	365M	222M	(136M)	(129.2M)
Other Non Cash Items	48M	50M	92M	81M	74M	42.2M

Solar Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Solar AS's current stock value. Our valuation model uses many indicators to compare Solar AS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Solar AS competition to find correlations between indicators driving Solar AS's intrinsic value. More Info.

Solar AS is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers reporting about 0.42 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Solar AS is roughly 2.37 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Solar AS's earnings, one of the primary drivers of an investment's value.

Solar AS Total Assets Over Time

Most indicators from Solar AS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Solar AS current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Solar AS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

The Solar AS's current Issuance Of Capital Stock is estimated to increase to about 126 M, while Discontinued Operations is projected to decrease to (2.4 M).

	2023	2024	2025	2026 (projected)
Gross Profit	2.9B	2.5B	2.5B	2.7B
Total Revenue	13.0B	12.2B	12.2B	12.8B

Gross Profit Total Revenue

Solar AS fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Good Will	Inventory	Other Stockholder Equity	Total Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Other Current Assets	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total
Total Assets		-0.83	0.82	0.33	-0.56	0.81	0.21	0.49	0.01	-0.02	0.26	0.85	-0.03	0.84	-0.07	0.95	0.56	0.88	0.21	0.39	-0.68	0.68	-0.43	0.81	-0.76	0.88
Other Current Liab	-0.83		-0.78	-0.12	0.57	-0.54	0.02	-0.55	0.11	-0.01	-0.1	-0.74	0.04	-0.81	0.21	-0.83	-0.45	-0.72	-0.1	-0.33	0.72	-0.52	0.63	-0.72	0.5	-0.81
Total Current Liabilities	0.82	-0.78		-0.22	-0.86	0.45	-0.31	0.82	-0.08	-0.37	-0.22	0.68	-0.39	0.93	-0.56	0.95	0.12	0.87	-0.2	0.11	-0.71	0.35	-0.81	0.73	-0.43	0.84
Total Stockholder Equity	0.33	-0.12	-0.22		0.47	0.63	0.91	-0.39	0.25	0.58	0.58	0.37	0.46	-0.02	0.81	0.0	0.66	0.14	0.76	0.25	-0.01	0.61	0.53	-0.01	-0.5	-0.04
Other Liab	-0.56	0.57	-0.86	0.47		-0.28	0.44	-0.84	0.13	0.48	0.33	-0.35	0.56	-0.8	0.84	-0.76	0.26	-0.68	0.39	0.13	0.72	-0.17	0.88	-0.6	0.09	-0.72
Net Tangible Assets	0.81	-0.54	0.45	0.63	-0.28		0.59	0.18	0.29	0.1	0.29	0.6	-0.03	0.58	0.19	0.63	0.53	0.68	0.51	0.24	-0.43	0.81	-0.12	0.53	-0.72	0.59
Retained Earnings	0.21	0.02	-0.31	0.91	0.44	0.59		-0.37	0.29	0.61	0.53	0.12	0.47	-0.18	0.75	-0.1	0.54	-0.04	0.76	0.29	-0.02	0.62	0.52	0.01	-0.31	-0.1
Accounts Payable	0.49	-0.55	0.82	-0.39	-0.84	0.18	-0.37		-0.16	-0.4	-0.38	0.43	-0.42	0.75	-0.63	0.66	-0.33	0.6	-0.43	-0.01	-0.67	0.05	-0.89	0.51	-0.1	0.59
Cash	0.01	0.11	-0.08	0.25	0.13	0.29	0.29	-0.16		-0.37	-0.13	-0.31	-0.22	-0.08	0.1	-0.09	-0.06	0.22	0.08	-0.28	0.18	0.0	-0.01	-0.25	-0.23	-0.16
Other Assets	-0.02	-0.01	-0.37	0.58	0.48	0.1	0.61	-0.4	-0.37		0.37	0.16	0.49	-0.23	0.65	-0.22	0.59	-0.36	0.79	0.33	0.12	0.48	0.54	-0.09	0.15	-0.19
Long Term Debt	0.26	-0.1	-0.22	0.58	0.33	0.29	0.53	-0.38	-0.13	0.37		0.3	0.78	-0.2	0.58	0.07	0.54	-0.04	0.2	0.65	-0.18	0.19	0.46	0.31	-0.52	0.22
Net Receivables	0.85	-0.74	0.68	0.37	-0.35	0.6	0.12	0.43	-0.31	0.16	0.3		0.08	0.76	0.11	0.78	0.58	0.73	0.21	0.41	-0.52	0.52	-0.26	0.61	-0.7	0.7
Good Will	-0.03	0.04	-0.39	0.46	0.56	-0.03	0.47	-0.42	-0.22	0.49	0.78	0.08		-0.46	0.7	-0.19	0.43	-0.39	0.18	0.66	-0.06	0.09	0.52	0.2	-0.24	-0.05
Inventory	0.84	-0.81	0.93	-0.02	-0.8	0.58	-0.18	0.75	-0.08	-0.23	-0.2	0.76	-0.46		-0.46	0.9	0.18	0.91	-0.01	-0.03	-0.67	0.47	-0.73	0.6	-0.44	0.77
Other Stockholder Equity	-0.07	0.21	-0.56	0.81	0.84	0.19	0.75	-0.63	0.1	0.65	0.58	0.11	0.7	-0.46		-0.36	0.6	-0.32	0.62	0.41	0.38	0.25	0.79	-0.22	-0.29	-0.34
Total Liab	0.95	-0.83	0.95	0.0	-0.76	0.63	-0.1	0.66	-0.09	-0.22	0.07	0.78	-0.19	0.9	-0.36		0.37	0.89	-0.03	0.32	-0.72	0.51	-0.64	0.85	-0.62	0.94
Short Long Term Debt	0.56	-0.45	0.12	0.66	0.26	0.53	0.54	-0.33	-0.06	0.59	0.54	0.58	0.43	0.18	0.6	0.37		0.25	0.72	0.56	-0.05	0.68	0.34	0.38	-0.55	0.33
Total Current Assets	0.88	-0.72	0.87	0.14	-0.68	0.68	-0.04	0.6	0.22	-0.36	-0.04	0.73	-0.39	0.91	-0.32	0.89	0.25		-0.02	0.01	-0.61	0.43	-0.59	0.56	-0.66	0.74
Short Term Debt	0.21	-0.1	-0.2	0.76	0.39	0.51	0.76	-0.43	0.08	0.79	0.2	0.21	0.18	-0.01	0.62	-0.03	0.72	-0.02		0.11	0.16	0.77	0.49	-0.08	-0.11	-0.11
Intangible Assets	0.39	-0.33	0.11	0.25	0.13	0.24	0.29	-0.01	-0.28	0.33	0.65	0.41	0.66	-0.03	0.41	0.32	0.56	0.01	0.11		-0.19	0.2	0.13	0.59	-0.52	0.48
Common Stock	-0.68	0.72	-0.71	-0.01	0.72	-0.43	-0.02	-0.67	0.18	0.12	-0.18	-0.52	-0.06	-0.67	0.38	-0.72	-0.05	-0.61	0.16	-0.19		-0.42	0.63	-0.73	0.32	-0.72
Property Plant Equipment	0.68	-0.52	0.35	0.61	-0.17	0.81	0.62	0.05	0.0	0.48	0.19	0.52	0.09	0.47	0.25	0.51	0.68	0.43	0.77	0.2	-0.42		0.01	0.49	-0.37	0.43
Other Current Assets	-0.43	0.63	-0.81	0.53	0.88	-0.12	0.52	-0.89	-0.01	0.54	0.46	-0.26	0.52	-0.73	0.79	-0.64	0.34	-0.59	0.49	0.13	0.63	0.01		-0.5	0.03	-0.61
Non Current Assets Total	0.81	-0.72	0.73	-0.01	-0.6	0.53	0.01	0.51	-0.25	-0.09	0.31	0.61	0.2	0.6	-0.22	0.85	0.38	0.56	-0.08	0.59	-0.73	0.49	-0.5		-0.54	0.92
Non Currrent Assets Other	-0.76	0.5	-0.43	-0.5	0.09	-0.72	-0.31	-0.1	-0.23	0.15	-0.52	-0.7	-0.24	-0.44	-0.29	-0.62	-0.55	-0.66	-0.11	-0.52	0.32	-0.37	0.03	-0.54		-0.62
Non Current Liabilities Total	0.88	-0.81	0.84	-0.04	-0.72	0.59	-0.1	0.59	-0.16	-0.19	0.22	0.7	-0.05	0.77	-0.34	0.94	0.33	0.74	-0.11	0.48	-0.72	0.43	-0.61	0.92	-0.62

Click cells to compare fundamentals

Solar AS Account Relationship Matchups

Solar AS fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	5.3B	5.9B	6.1B	6.1B	6.3B	5.7B
Other Current Liab	153M	2M	14M	8M	3M	2.9M
Retained Earnings	1.4B	1.0B	1.2B	1.2B	1.3B	1.3B
Accounts Payable	2.1B	1.9B	1.8B	1.9B	1.9B	1.9B
Cash	481M	166M	441M	459M	133M	237.9M
Long Term Debt	120M	293M	434M	425M	664M	697.2M
Net Receivables	1.5B	1.9B	1.6B	1.7B	1.7B	1.7B
Inventory	1.9B	2.2B	2.0B	1.9B	1.9B	1.8B
Total Liab	3.4B	4.0B	4.1B	4.2B	4.3B	3.7B
Short Long Term Debt	19M	556M	713M	841M	650M	409.4M
Total Current Assets	3.9B	4.3B	4.2B	4.2B	3.8B	3.9B
Intangible Assets	159M	173M	226M	306M	350M	249.2M
Net Invested Capital	2.1B	2.8B	3.1B	3.1B	3.3B	2.8B
Net Working Capital	972M	1.1B	997M	852M	623M	856.2M

Solar AS February 9, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Solar AS help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Solar AS. We use our internally-developed statistical techniques to arrive at the intrinsic value of Solar AS based on widely used predictive technical indicators. In general, we focus on analyzing Solar Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Solar AS's daily price indicators and compare them against related drivers.

	Downside Deviation	2.14
	Information Ratio	(0.01)
	Maximum Drawdown	12.79
	Value At Risk	(3.20)
	Potential Upside	2.9

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