Denmark Wind 1 Odde ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Denmark Wind 1 Odde ApS
Denmark Wind 1 Odde ApS (CVR number: 39841983) is a company from MARIAGERFJORD. The company recorded a gross profit of -15.4 kEUR in 2023. The operating profit was -15.4 kEUR, while net earnings were 932.2 kEUR. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 58.4 %, 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. Denmark Wind 1 Odde ApS's liquidity measured by quick ratio was 74.4 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 (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.24 | -16.61 | -7.72 | -2.00 | -15.43 |
EBIT | -2.24 | -16.61 | -7.72 | -2.00 | -15.43 |
Net earnings | 577.45 | - 227.87 | 1 486.82 | 5 369.63 | 932.23 |
Shareholders equity total | 10 310.09 | 10 082.30 | 11 569.11 | 16 938.74 | 17 870.97 |
Balance sheet total (assets) | 24 985.42 | 24 279.12 | 26 296.03 | 31 353.21 | 30 617.85 |
Net debt | 14 661.78 | 14 128.38 | 12 913.95 | 12 041.14 | 12 112.93 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.1 % | 3.0 % | 9.6 % | 20.3 % | 6.0 % |
ROE | 5.6 % | -2.2 % | 13.7 % | 37.7 % | 5.4 % |
ROI | 6.1 % | 3.0 % | 9.7 % | 21.3 % | 6.2 % |
Economic value added (EVA) | -2.24 | 925.21 | 904.18 | 1 098.81 | 849.80 |
Solvency | |||||
Equity ratio | 41.3 % | 41.5 % | 44.0 % | 54.0 % | 58.4 % |
Gearing | 142.3 % | 140.8 % | 123.0 % | 71.9 % | 69.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.7 | 36.2 | 3.7 | 1.0 | 74.4 |
Current ratio | 5.7 | 36.2 | 3.7 | 1.0 | 74.4 |
Cash and cash equivalents | 11.88 | 66.60 | 1 318.63 | 145.02 | 381.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
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