RWE Wind Services Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RWE Wind Services Denmark A/S
RWE Wind Services Denmark A/S (CVR number: 35412972) is a company from LOLLAND. The company reported a net sales of 591.2 mDKK in 2023, demonstrating a decline of -42.5 % compared to the previous year. The operating profit percentage was at 16.5 % (EBIT: 97.4 mDKK), while net earnings were 77.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 37.6 %, which can be considered excellent and Return on Equity (ROE) was 67.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RWE Wind Services Denmark A/S's liquidity measured by quick ratio was 2.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 709.59 | 684.92 | 628.77 | 1 028.87 | 591.16 |
Gross profit | 73.71 | 71.45 | 86.10 | 98.81 | 97.73 |
EBIT | 55.12 | 49.94 | 63.77 | 85.64 | 97.38 |
Net earnings | 42.43 | 38.72 | 48.88 | 66.31 | 77.60 |
Shareholders equity total | 62.77 | 66.49 | 50.38 | 76.68 | 154.29 |
Balance sheet total (assets) | 199.10 | 215.20 | 178.05 | 275.22 | 264.89 |
Net debt | 121.21 | 26.60 | |||
Profitability | |||||
EBIT-% | 7.8 % | 7.3 % | 10.1 % | 8.3 % | 16.5 % |
ROA | 27.7 % | 24.1 % | 32.4 % | 38.0 % | 37.6 % |
ROE | 67.6 % | 59.9 % | 83.7 % | 104.4 % | 67.2 % |
ROI | 27.7 % | 24.1 % | 32.4 % | 45.8 % | 53.7 % |
Economic value added (EVA) | 55.12 | 46.78 | 60.43 | 64.27 | 72.10 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 27.9 % | 58.2 % |
Gearing | 158.1 % | 17.2 % | |||
Relative net indebtedness % | 19.3 % | 18.7 % | |||
Liquidity | |||||
Quick ratio | 1.3 | 2.1 | |||
Current ratio | 1.4 | 2.4 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 50.9 | 35.9 | |||
Net working capital % | 7.3 % | 25.8 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | AA |
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