Vindtestcenter Måde K/S — Credit Rating and Financial Key Figures

CVR number: 36911727
Gyngemose Parkvej 50, 2860 Søborg

Credit rating

Company information

Official name
Vindtestcenter Måde K/S
Established
2015
Company form
Limited partnership
Industry

About Vindtestcenter Måde K/S

Vindtestcenter Måde K/S (CVR number: 36911727) is a company from GLADSAXE. The company reported a net sales of 4 mEUR in 2023, demonstrating a decline of -59.6 % compared to the previous year. The operating profit percentage was at 47.1 % (EBIT: 1.9 mEUR), while net earnings were 1182.6 kEUR. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Vindtestcenter Måde K/S's liquidity measured by quick ratio was 2.9 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

Net sales (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2019
2020
2021
2022
2023
Volume
Net sales4 693.893 247.354 875.829 869.563 982.53
Gross profit4 536.222 946.234 229.918 744.902 949.50
EBIT3 461.511 871.523 155.207 670.191 874.79
Net earnings2 973.161 256.383 222.216 700.551 182.63
Shareholders equity total12 114.812 896.444 989.9311 219.9312 402.56
Balance sheet total (assets)27 691.3328 598.7026 383.6624 658.6731 583.46
Net debt13 531.0223 832.7820 779.3612 336.3518 281.94
Profitability
EBIT-%73.7 %57.6 %64.7 %77.7 %47.1 %
ROA11.4 %7.0 %14.3 %30.6 %6.9 %
ROE34.4 %16.7 %81.7 %82.7 %10.0 %
ROI12.1 %7.4 %14.8 %31.2 %6.9 %
Economic value added (EVA)1 792.49571.711 800.956 364.18661.53
Solvency
Equity ratio43.7 %10.1 %18.9 %45.5 %39.3 %
Gearing111.7 %822.8 %416.4 %113.2 %151.1 %
Relative net indebtedness %327.1 %784.7 %434.2 %130.2 %464.5 %
Liquidity
Quick ratio0.10.13.02.22.9
Current ratio0.10.13.02.22.9
Cash and cash equivalents367.31460.21
Capital use efficiency
Trade debtors turnover (days)36.736.073.651.961.2
Net working capital %-207.9 %-611.7 %21.1 %13.5 %42.2 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:6.86%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.3%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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