Danish Renewables Consulting ApS — Credit Rating and Financial Key Figures

CVR number: 38628127
Gammel Sving 1, Skærup Skov 7100 Vejle

Credit rating

Company information

Official name
Danish Renewables Consulting ApS
Personnel
1 person
Established
2017
Domicile
Skærup Skov
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Danish Renewables Consulting ApS

Danish Renewables Consulting ApS (CVR number: 38628127) is a company from VEJLE. The company recorded a gross profit of 962.9 kDKK in 2024. The operating profit was 55.7 kDKK, while net earnings were 33.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 13.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 16.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Danish Renewables Consulting ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 250.30904.23802.921 391.17962.90
EBIT741.22241.25117.58456.9055.74
Net earnings578.18183.3086.87350.5733.11
Shareholders equity total628.18233.30136.87400.5783.11
Balance sheet total (assets)1 186.28562.29435.501 007.47514.69
Net debt- 867.35-50.78- 158.95- 431.25111.66
Profitability
EBIT-%
ROA84.7 %27.6 %23.6 %63.3 %7.3 %
ROE124.9 %42.6 %46.9 %130.5 %13.7 %
ROI154.7 %46.2 %35.4 %110.0 %12.1 %
Economic value added (EVA)576.27200.3590.27363.5252.49
Solvency
Equity ratio53.0 %41.5 %31.4 %39.8 %16.1 %
Gearing3.3 %69.7 %95.8 %40.5 %328.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.71.51.71.2
Current ratio2.11.71.51.71.2
Cash and cash equivalents887.89213.40290.12593.38161.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:7.32%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.1%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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