VESTAS SHARED SERVICE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VESTAS SHARED SERVICE A/S
VESTAS SHARED SERVICE A/S (CVR number: 31623685) is a company from AARHUS. The company recorded a gross profit of 188.3 mDKK in 2024. The operating profit was 16.7 mDKK, while net earnings were 11.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good and Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.8 %, 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. VESTAS SHARED SERVICE A/S's liquidity measured by quick ratio was 4.7 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 | 74 573.00 | 71 325.00 | 106 775.00 | 167 784.00 | 188 270.00 |
EBIT | 74 573.00 | 71 325.00 | 106 775.00 | 8 758.00 | 16 671.00 |
Net earnings | 5 469.00 | 6 348.00 | 5 706.00 | 8 249.00 | 11 417.00 |
Shareholders equity total | 113 877.00 | 120 225.00 | 120 882.00 | 128 675.00 | 133 118.00 |
Balance sheet total (assets) | 150 937.00 | 144 644.00 | 145 631.00 | 165 770.00 | 168 835.00 |
Net debt | -39 919.00 | -35 947.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 54.5 % | 48.3 % | 73.6 % | 7.5 % | 12.1 % |
ROE | 5.0 % | 5.4 % | 4.7 % | 6.6 % | 8.7 % |
ROI | 54.5 % | 48.3 % | 73.6 % | 8.5 % | 15.2 % |
Economic value added (EVA) | 69 210.07 | 65 602.68 | 100 733.69 | 100.97 | 6 808.13 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 77.6 % | 78.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.5 | 4.7 | |||
Current ratio | 4.5 | 4.7 | |||
Cash and cash equivalents | 39 919.00 | 35 947.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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