OFFSHORE WINDSERVICE A/S
Credit rating
Company information
About OFFSHORE WINDSERVICE A/S
OFFSHORE WINDSERVICE A/S (CVR number: 29396027) is a company from LEMVIG. The company recorded a gross profit of 65.7 mDKK in 2023. The operating profit was 13 mDKK, while net earnings were 4135.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 43.9 %, 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. OFFSHORE WINDSERVICE A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 49 778.38 | 37 634.31 | 26 624.18 | 41 902.69 | 65 685.93 |
EBIT | 13 430.55 | -6 838.23 | -17 421.46 | -5 652.73 | 12 960.40 |
Net earnings | 6 373.78 | -8 599.78 | -25 736.07 | -10 485.85 | 4 135.75 |
Shareholders equity total | 256 496.92 | 248 592.21 | 223 150.94 | 212 705.98 | 216 841.74 |
Balance sheet total (assets) | 453 914.45 | 501 723.63 | 527 381.44 | 501 068.40 | 494 204.72 |
Net debt | 162 916.81 | 214 028.97 | 280 808.16 | 259 971.33 | 223 249.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.1 % | -0.3 % | -3.2 % | -0.2 % | 3.3 % |
ROE | 2.5 % | -3.4 % | -10.9 % | -4.8 % | 1.9 % |
ROI | 3.1 % | -0.3 % | -3.2 % | -0.2 % | 3.6 % |
Economic value added (EVA) | -2 052.43 | -23 484.33 | -36 154.30 | -25 966.24 | -5 524.11 |
Solvency | |||||
Equity ratio | 56.5 % | 49.5 % | 42.3 % | 42.5 % | 43.9 % |
Gearing | 74.2 % | 98.6 % | 130.4 % | 125.4 % | 108.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.5 | 0.3 | 0.3 | 0.2 |
Current ratio | 0.7 | 0.5 | 0.3 | 0.3 | 0.2 |
Cash and cash equivalents | 27 507.11 | 31 201.28 | 10 245.54 | 6 675.46 | 11 060.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | A | BBB | A | AA |
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