VESTAS AIRCOIL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VESTAS AIRCOIL A/S
VESTAS AIRCOIL A/S (CVR number: 18388545) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 14.5 mDKK in 2024. The operating profit was -13.1 mDKK, while net earnings were 25.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21.2 %, which can be considered excellent and Return on Equity (ROE) was 19.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VESTAS AIRCOIL A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 34 542.13 | 11 087.56 | 26 384.29 | 21 460.56 | 14 486.46 |
EBIT | -8 393.24 | -7 310.62 | 5 419.78 | -4 058.65 | -13 066.34 |
Net earnings | -2 940.93 | 31 293.31 | 50 205.31 | 41 885.80 | 25 938.98 |
Shareholders equity total | 61 257.73 | 88 294.06 | 116 276.96 | 132 594.67 | 134 814.97 |
Balance sheet total (assets) | 158 728.55 | 176 905.22 | 190 409.62 | 200 812.08 | 247 358.88 |
Net debt | 71 008.98 | 72 543.10 | 59 905.90 | 56 399.36 | 101 255.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.2 % | 15.2 % | 31.1 % | 24.7 % | 21.2 % |
ROE | -4.2 % | 41.8 % | 49.1 % | 33.7 % | 19.4 % |
ROI | 0.3 % | 16.5 % | 32.5 % | 25.5 % | 21.8 % |
Economic value added (EVA) | -17 560.80 | -12 401.82 | -4 546.84 | -11 898.56 | -18 843.28 |
Solvency | |||||
Equity ratio | 38.8 % | 50.3 % | 61.1 % | 66.0 % | 54.5 % |
Gearing | 128.3 % | 87.8 % | 54.2 % | 43.6 % | 75.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.9 | 0.9 | 1.0 | 0.7 |
Current ratio | 1.0 | 0.9 | 0.9 | 1.0 | 0.7 |
Cash and cash equivalents | 7 588.35 | 5 017.94 | 3 140.83 | 1 377.70 | 18.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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