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
11 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 2351 kDKK in 2023. The operating profit was -9078.9 kDKK, while net earnings were -2195.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.8 %, 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 3.1 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 profit418.201 271.162 622.622 546.202 350.97
EBIT-3 021.66-3 871.08-2 860.17-5 248.17-9 078.86
Net earnings28 338.387 594.77-6 403.18-5 834.52-2 195.65
Shareholders equity total25 996.7033 591.4727 188.2954 905.5552 709.90
Balance sheet total (assets)26 582.7758 541.5857 719.9377 660.6475 545.69
Net debt-12 767.1918 090.2025 614.45-5 502.6719 911.39
Profitability
EBIT-%
ROA144.3 %18.5 %-4.2 %-5.1 %-0.8 %
ROE161.7 %25.5 %-21.1 %-14.2 %-4.1 %
ROI155.2 %18.8 %-4.3 %-5.2 %-0.8 %
Economic value added (EVA)-2 592.85-3 683.01-4 061.86-6 437.30-10 794.12
Solvency
Equity ratio97.8 %57.4 %47.1 %70.7 %69.8 %
Gearing0.0 %70.9 %102.7 %39.8 %40.4 %
Relative net indebtedness %
Liquidity
Quick ratio48.77.82.813.53.1
Current ratio48.77.82.813.53.1
Cash and cash equivalents12 769.225 725.452 308.7727 343.381 407.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:-0.78%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.8%
Rating: 53/100
-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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