CONNECTED WIND SERVICES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CONNECTED WIND SERVICES A/S
CONNECTED WIND SERVICES A/S (CVR number: 31156270) is a company from AARHUS. The company recorded a gross profit of 4349 kDKK in 2023. The operating profit was -8412 kDKK, while net earnings were 3269 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CONNECTED WIND SERVICES A/S's liquidity measured by quick ratio was 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 14 482.00 | 1 683.00 | 3 144.00 | 5 608.00 | 4 349.00 |
EBIT | -1 509.00 | -2 026.00 | -1 971.00 | -1 383.00 | -8 412.00 |
Net earnings | -23 969.00 | -14 766.00 | -71 218.00 | -31 745.00 | 3 269.00 |
Shareholders equity total | 56 286.00 | 41 602.00 | 45 627.00 | 40 324.00 | 43 630.00 |
Balance sheet total (assets) | 130 167.00 | 112 925.00 | 54 077.00 | 42 868.00 | 46 172.00 |
Net debt | 65 936.00 | 67 576.00 | - 817.00 | -10 124.00 | -19 997.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -16.2 % | -10.7 % | -83.1 % | -64.3 % | 7.8 % |
ROE | -60.2 % | -30.2 % | -163.3 % | -73.9 % | 7.8 % |
ROI | -16.6 % | -10.8 % | -86.5 % | -69.5 % | 8.3 % |
Economic value added (EVA) | 1 574.29 | - 428.65 | 110.51 | -2 299.91 | -9 334.44 |
Solvency | |||||
Equity ratio | 43.2 % | 36.8 % | 84.4 % | 94.1 % | 94.5 % |
Gearing | 128.7 % | 163.5 % | 5.6 % | 0.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 0.3 | 3.4 | 9.8 | 9.0 |
Current ratio | 0.9 | 0.3 | 3.4 | 9.8 | 9.0 |
Cash and cash equivalents | 6 477.00 | 442.00 | 3 376.00 | 10 124.00 | 19 998.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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