GODE WIND II JOINT HOLDCO P/S — Credit Rating and Financial Key Figures

CVR number: 36047380
Tuborg Boulevard 3, 2900 Hellerup

Credit rating

Company information

Official name
GODE WIND II JOINT HOLDCO P/S
Established
2014
Industry

About GODE WIND II JOINT HOLDCO P/S

GODE WIND II JOINT HOLDCO P/S (CVR number: 36047380) is a company from GENTOFTE. The company recorded a gross profit of -5272 kDKK in 2024. The operating profit was -5272 kDKK, while net earnings were 169.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.9 %, which can be considered excellent but Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 92.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GODE WIND II JOINT HOLDCO P/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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-6 546.00-5 675.00-5 707.00-5 272.00
EBIT- 982 492.00- 323 219.00-5 303.00-5 707.00-5 272.00
Net earnings- 502 299.00160 766.00532 519.00- 588 015.00169 230.00
Shareholders equity total1 492 444.001 653 210.002 185 729.001 597 714.001 766 944.00
Balance sheet total (assets)3 365 574.003 048 598.003 009 121.002 076 813.001 904 039.00
Net debt-1 722.00-2 286.00820 376.00224 491.00125 402.00
Profitability
EBIT-%
ROA-10.6 %7.3 %19.5 %19.1 %20.9 %
ROE-28.8 %10.2 %27.7 %-31.1 %10.1 %
ROI-10.6 %7.3 %17.1 %17.2 %22.3 %
Economic value added (EVA)-1 082 567.54- 398 127.78-88 261.9335 126.7017 901.71
Solvency
Equity ratio44.3 %54.2 %72.6 %76.9 %92.8 %
Gearing37.7 %14.1 %7.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.45.031.20.00.1
Current ratio2.45.031.20.00.1
Cash and cash equivalents1 722.002 286.002 921.00509.0010 436.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:20.9%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.8%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Board member
Chairman of the board
Board member

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