Vattenfall Vindkraft Horns Rev 3 P/S — Credit Rating and Financial Key Figures

CVR number: 36687606
Exnersgade 2, 6700 Esbjerg
tel: 88275000

Credit rating

Company information

Official name
Vattenfall Vindkraft Horns Rev 3 P/S
Established
2015
Industry

About Vattenfall Vindkraft Horns Rev 3 P/S

Vattenfall Vindkraft Horns Rev 3 P/S (CVR number: 36687606) is a company from ESBJERG. The company reported a net sales of 927.1 mDKK in 2023, demonstrating a decline of -61.9 % compared to the previous year. The operating profit percentage was at 15 % (EBIT: 139.3 mDKK), while net earnings were 117.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 57 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Vattenfall Vindkraft Horns Rev 3 P/S's liquidity measured by quick ratio was 6.4 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales936.451 394.721 406.952 436.40927.11
Gross profit760.491 174.291 202.022 166.86634.58
EBIT432.81698.44741.271 623.93139.32
Net earnings413.02651.27697.191 588.73117.81
Shareholders equity total3 391.384 042.523 839.704 803.433 341.24
Balance sheet total (assets)7 453.687 169.536 855.427 362.365 863.23
Net debt2 134.472 145.72
Profitability
EBIT-%46.2 %50.1 %52.7 %66.7 %15.0 %
ROA6.3 %9.6 %10.6 %22.9 %2.4 %
ROE13.0 %17.5 %17.7 %36.8 %2.9 %
ROI7.7 %9.6 %10.6 %23.0 %2.4 %
Economic value added (EVA)396.22528.02538.131 430.99- 102.05
Solvency
Equity ratio100.0 %100.0 %100.0 %65.2 %57.0 %
Gearing44.4 %64.2 %
Relative net indebtedness %90.3 %233.8 %
Liquidity
Quick ratio0.66.4
Current ratio0.66.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)0.71.1
Net working capital %-32.0 %39.7 %
Credit risk
Credit ratingBBBBBBBBBAAAAA

Variable visualization

ROA:2.37%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.0%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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