VESTAS INDIA HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 2024. The operating profit was -630 kDKK, while net earnings were 153.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29.3 %, which can be considered excellent and Return on Equity (ROE) was 28.9 %, which can be considered excellent. 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 128.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -37.00 | -32.00 | -23.00 | -33.00 | - 630.00 |
Net earnings | -1 810.00 | 1 275.00 | - 198 232.00 | -26 035.00 | 153 394.00 |
Shareholders equity total | 676 889.00 | 678 387.00 | 480 154.00 | 454 119.00 | 607 513.00 |
Balance sheet total (assets) | 676 897.00 | 678 412.00 | 480 341.00 | 456 525.00 | 610 585.00 |
Net debt | |||||
Profitability | |||||
EBIT-% | |||||
ROA | -0.1 % | 0.2 % | -34.1 % | -5.0 % | 29.3 % |
ROE | -0.3 % | 0.2 % | -34.2 % | -5.6 % | 28.9 % |
ROI | -0.1 % | 0.2 % | -34.1 % | -5.1 % | 29.5 % |
Economic value added (EVA) | -34 134.52 | -34 036.39 | -34 111.02 | -24 153.48 | -23 310.88 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 99.5 % | 99.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 45 725.0 | 14 857.4 | 1 991.3 | 159.2 | 128.4 |
Current ratio | 45 725.0 | 14 857.4 | 1 991.3 | 159.2 | 128.4 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | A |
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