VESTAS WIND SYSTEMS A/S

VESTAS WIND SYSTEMS A/S (CVR number: 10403782K) is a company from AARHUS. The company reported a net sales of 15382 mEUR in 2023, demonstrating a growth of 6.2 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 292 mEUR), while net earnings were 78 mEUR. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 13.5 %, 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. VESTAS WIND SYSTEMS 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.