VESTAS OFFSHORE WIND A/S — Credit Rating and Financial Key Figures

VESTAS OFFSHORE WIND A/S (CVR number: 27918042K) is a company from AARHUS. The company reported a net sales of 1299.5 mEUR in 2018, demonstrating a growth of 37.9 % compared to the previous year. The operating profit percentage was at 1.6 % (EBIT: 20.9 mEUR), while net earnings were 53 mEUR. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was 29.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.3 %, 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. VESTAS OFFSHORE WIND A/S'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.