Vindpark Bockstigen K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vindpark Bockstigen K/S
Vindpark Bockstigen K/S (CVR number: 39579790) is a company from ROSKILDE. The company reported a net sales of 3.6 mDKK in 2023, demonstrating a decline of -35.6 % compared to the previous year. The operating profit percentage was poor at -14.3 % (EBIT: -0.5 mDKK), while net earnings were -1309.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -15.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.3 %, 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. Vindpark Bockstigen K/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 544.06 | 3 572.06 | |||
Gross profit | 2 436.36 | 948.33 | 689.42 | 3 797.15 | 1 512.84 |
EBIT | 1 330.37 | - 188.18 | -1 139.67 | 1 871.60 | - 511.32 |
Net earnings | 798.27 | - 864.00 | -1 582.73 | 1 353.90 | -1 309.72 |
Shareholders equity total | 3 037.72 | 2 784.14 | 6 027.23 | 8 544.84 | 8 307.22 |
Balance sheet total (assets) | 16 808.02 | 15 375.44 | 21 914.65 | 23 497.94 | 21 714.99 |
Net debt | 12 354.03 | 11 666.65 | 15 334.91 | 13 433.98 | 12 059.14 |
Profitability | |||||
EBIT-% | 33.8 % | -14.3 % | |||
ROA | 8.0 % | -1.2 % | -6.0 % | 8.2 % | -2.3 % |
ROE | 30.3 % | -29.7 % | -35.9 % | 18.6 % | -15.5 % |
ROI | 8.3 % | -1.2 % | -6.2 % | 8.5 % | -2.3 % |
Economic value added (EVA) | 551.00 | - 895.79 | -1 799.99 | 863.98 | -1 549.93 |
Solvency | |||||
Equity ratio | 18.1 % | 18.1 % | 27.5 % | 36.4 % | 38.3 % |
Gearing | 436.5 % | 427.4 % | 257.8 % | 165.9 % | 154.3 % |
Relative net indebtedness % | 256.3 % | 354.1 % | |||
Liquidity | |||||
Quick ratio | 0.7 | 0.3 | 0.4 | 1.3 | 0.7 |
Current ratio | 0.7 | 0.3 | 0.4 | 1.3 | 0.7 |
Cash and cash equivalents | 905.97 | 233.35 | 205.09 | 746.02 | 760.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 124.5 | 63.4 | |||
Net working capital % | 10.0 % | -13.9 % | |||
Credit risk | |||||
Credit rating | A | BBB | BBB | AA | A |
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