VESTAS INDIA HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 10794684
Hedeager 42, 8200 Aarhus N

Credit rating

Company information

Official name
VESTAS INDIA HOLDING A/S
Established
1987
Company form
Limited company
Industry

About VESTAS INDIA HOLDING A/S

VESTAS INDIA HOLDING A/S (CVR number: 10794684) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -33 kDKK, while net earnings were -26 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -5.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VESTAS INDIA HOLDING A/S's liquidity measured by quick ratio was 159.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit
EBIT-72.00-37.00-32.00-23.00-33.00
Net earnings1 585.00-1 810.001 275.00- 198 232.00-26 035.00
Shareholders equity total678 718.00676 889.00678 387.00480 154.00454 119.00
Balance sheet total (assets)679 092.00676 897.00678 412.00480 341.00456 525.00
Net debt
Profitability
EBIT-%
ROA0.3 %-0.1 %0.2 %-34.1 %-5.0 %
ROE0.3 %-0.3 %0.2 %-34.2 %-5.6 %
ROI0.3 %-0.1 %0.2 %-34.1 %-5.1 %
Economic value added (EVA)-27 160.07-18 171.51-18 196.74-18 685.42-18 728.49
Solvency
Equity ratio99.9 %100.0 %100.0 %100.0 %99.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio979.245 725.014 857.41 991.3159.2
Current ratio979.245 725.014 857.41 991.3159.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-5.05%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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