Siemens Gamesa Renewable Energy A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Siemens Gamesa Renewable Energy A/S
Siemens Gamesa Renewable Energy A/S (CVR number: 76486212) is a company from IKAST-BRANDE. The company reported a net sales of 24837 mDKK in 2023, demonstrating a growth of 12.1 % compared to the previous year. The operating profit percentage was poor at -62.8 % (EBIT: -15603 mDKK), while net earnings were -15590.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -46.9 %, which can be considered poor and Return on Equity (ROE) was -62 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -49 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Siemens Gamesa Renewable Energy A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 30 459.00 | 25 085.00 | 26 265.00 | 22 159.32 | 24 837.05 |
Gross profit | 3 878.00 | - 600.00 | 1 035.00 | -5 794.60 | -15 192.24 |
EBIT | 3 239.00 | -1 259.00 | 438.00 | -6 314.58 | -15 602.98 |
Net earnings | 2 431.00 | -1 012.00 | 421.00 | -5 850.44 | -15 590.24 |
Shareholders equity total | 3 650.00 | 550.00 | 1 052.00 | -3 268.38 | -12 533.86 |
Balance sheet total (assets) | 23 705.00 | 22 834.00 | 25 232.00 | 25 676.86 | 24 578.35 |
Net debt | 4 448.12 | 4 074.07 | |||
Profitability | |||||
EBIT-% | 10.6 % | -5.0 % | 1.7 % | -28.5 % | -62.8 % |
ROA | 15.4 % | -5.4 % | 1.8 % | -22.3 % | -46.9 % |
ROE | 79.6 % | -48.2 % | 52.6 % | -43.8 % | -62.0 % |
ROI | 19.0 % | -5.4 % | 1.8 % | -32.2 % | -97.6 % |
Economic value added (EVA) | 3 185.60 | -1 442.41 | 410.36 | -6 152.53 | -15 416.41 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 13.1 % | -17.5 % | -49.0 % |
Gearing | -142.5 % | -33.5 % | |||
Relative net indebtedness % | 94.9 % | 87.5 % | |||
Liquidity | |||||
Quick ratio | 1.4 | 1.2 | |||
Current ratio | 0.9 | 0.7 | |||
Cash and cash equivalents | 210.78 | 119.23 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 6.9 | 2.5 | |||
Net working capital % | -13.1 % | -24.6 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | A | BB | BB |
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