WINDSPACE A/S — Credit Rating and Financial Key Figures

CVR number: 29915180
Nørgaardsvej 1, 2800 Kongens Lyngby
fe@windspace.dk
tel: 70278700

Company information

Official name
WINDSPACE A/S
Personnel
9 persons
Established
2006
Company form
Limited company
Industry

About WINDSPACE A/S

WINDSPACE A/S (CVR number: 29915180) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -389.4 kDKK in 2024. The operating profit was -8757.6 kDKK, while net earnings were 7800.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good and Return on Equity (ROE) was 13.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. WINDSPACE A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 271.162 622.622 546.202 350.97- 389.38
EBIT-3 871.08-2 860.17-5 248.17-9 078.86-8 757.58
Net earnings7 594.77-6 403.18-5 834.52-2 195.657 800.52
Shareholders equity total33 591.4727 188.2954 905.5552 709.9060 510.42
Balance sheet total (assets)58 541.5857 719.9377 660.6475 545.6990 051.49
Net debt18 090.2025 614.45-5 502.6719 911.3926 787.45
Profitability
EBIT-%
ROA18.5 %-4.2 %-5.1 %-0.8 %11.6 %
ROE25.5 %-21.1 %-14.2 %-4.1 %13.8 %
ROI18.8 %-4.3 %-5.2 %-0.8 %11.8 %
Economic value added (EVA)-4 436.66-6 030.05-8 352.64-12 935.50-12 477.50
Solvency
Equity ratio57.4 %47.1 %70.7 %69.8 %67.2 %
Gearing70.9 %102.7 %39.8 %40.4 %46.2 %
Relative net indebtedness %
Liquidity
Quick ratio7.82.813.53.10.3
Current ratio7.82.813.53.10.3
Cash and cash equivalents5 725.452 308.7727 343.381 407.101 172.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:11.6%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.2%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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