OFFSHORE WINDSERVICE A/S — Credit Rating and Financial Key Figures
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 72.6 mDKK in 2024. The operating profit was 22.4 mDKK, while net earnings were 8206.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 48.4 %, 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 0.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 65 685.93 | 72 594.05 | |||
EBIT | -6 838.00 | -17 421.00 | -5 653.00 | 12 960.40 | 22 433.75 |
Net earnings | -8 600.00 | -25 736.00 | -10 486.00 | 4 135.75 | 8 206.55 |
Shareholders equity total | 248 592.00 | 223 151.00 | 212 706.00 | 216 841.74 | 225 048.28 |
Balance sheet total (assets) | 501 724.00 | 527 381.00 | 501 068.00 | 494 204.72 | 465 070.10 |
Net debt | 216 778.96 | 179 930.39 | |||
Profitability | |||||
EBIT-% | |||||
ROA | -1.4 % | -3.4 % | -1.1 % | 3.3 % | 5.2 % |
ROE | -3.4 % | -10.9 % | -4.8 % | 1.9 % | 3.7 % |
ROI | -1.4 % | -3.4 % | -1.1 % | 3.5 % | 5.7 % |
Economic value added (EVA) | -29 295.77 | -29 912.75 | -16 866.34 | 2 248.80 | 67.60 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 43.9 % | 48.4 % |
Gearing | 105.1 % | 91.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.4 | |||
Current ratio | 0.2 | 0.4 | |||
Cash and cash equivalents | 11 060.66 | 26 595.18 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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