Solid Wind Power Europe ApS — Credit Rating and Financial Key Figures

Solid Wind Power Europe ApS (CVR number: 40368361) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -1155.7 kDKK in 2023. The operating profit was -1155.7 kDKK, while net earnings were -3394.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was -156.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -44.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Solid Wind Power Europe ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.