Vattenfall Vindkraft Horns Rev 3 P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 936.45 | 1 394.72 | 1 406.95 | 2 436.40 | 927.11 |
Gross profit | 760.49 | 1 174.29 | 1 202.02 | 2 166.86 | 634.58 |
EBIT | 432.81 | 698.44 | 741.27 | 1 623.93 | 139.32 |
Net earnings | 413.02 | 651.27 | 697.19 | 1 588.73 | 117.81 |
Shareholders equity total | 3 391.38 | 4 042.52 | 3 839.70 | 4 803.43 | 3 341.24 |
Balance sheet total (assets) | 7 453.68 | 7 169.53 | 6 855.42 | 7 362.36 | 5 863.23 |
Net debt | 2 134.47 | 2 145.72 | |||
Profitability | |||||
EBIT-% | 46.2 % | 50.1 % | 52.7 % | 66.7 % | 15.0 % |
ROA | 6.3 % | 9.6 % | 10.6 % | 22.9 % | 2.4 % |
ROE | 13.0 % | 17.5 % | 17.7 % | 36.8 % | 2.9 % |
ROI | 7.7 % | 9.6 % | 10.6 % | 23.0 % | 2.4 % |
Economic value added (EVA) | 396.22 | 528.02 | 538.13 | 1 430.99 | - 102.05 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 65.2 % | 57.0 % |
Gearing | 44.4 % | 64.2 % | |||
Relative net indebtedness % | 90.3 % | 233.8 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 6.4 | |||
Current ratio | 0.6 | 6.4 | |||
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.7 | 1.1 | |||
Net working capital % | -32.0 % | 39.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AAA |
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