FÅRE VINDINVEST K/S — Credit Rating and Financial Key Figures

CVR number: 32147526
Kirkebyvej 8, Nors 7700 Thisted
ebh@olv.dk
tel: 97981254

Company information

Official name
FÅRE VINDINVEST K/S
Established
2009
Domicile
Nors
Company form
Limited partnership
Industry

About FÅRE VINDINVEST K/S

FÅRE VINDINVEST K/S (CVR number: 32147526) is a company from THISTED. The company recorded a gross profit of 3273.4 kDKK in 2023. The operating profit was 1953 kDKK, while net earnings were 1856.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good but Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.3 %, 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. FÅRE VINDINVEST K/S's liquidity measured by quick ratio was 0.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 172.491 547.293 352.431 799.513 273.41
EBIT852.10226.907 232.03479.111 953.02
Net earnings600.47128.587 137.60413.551 856.57
Shareholders equity total10 000.0010 000.006 694.5010 000.0010 000.00
Balance sheet total (assets)20 601.0118 798.1117 965.6916 088.2714 848.74
Net debt10 105.368 481.327 933.046 045.334 803.42
Profitability
EBIT-%
ROA4.0 %1.2 %39.3 %2.8 %12.6 %
ROE6.0 %1.3 %85.5 %5.0 %18.6 %
ROI4.0 %1.2 %43.7 %3.1 %12.7 %
Economic value added (EVA)- 108.25- 645.876 440.96- 222.021 341.23
Solvency
Equity ratio48.5 %53.2 %37.3 %62.2 %67.3 %
Gearing102.8 %84.8 %118.5 %60.5 %48.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.90.10.10.1
Current ratio2.11.90.10.10.1
Cash and cash equivalents177.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:12.6%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.3%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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