OFFSHORE WINDSERVICE A/S — Credit Rating and Financial Key Figures

CVR number: 29396027
Nordsøkaj 51, 7680 Thyborøn
ows@odfjellwind.com
tel: 40218330

Company information

Official name
OFFSHORE WINDSERVICE A/S
Personnel
42 persons
Established
2006
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit65 685.9372 594.05
EBIT-6 838.00-17 421.00-5 653.0012 960.4022 433.75
Net earnings-8 600.00-25 736.00-10 486.004 135.758 206.55
Shareholders equity total248 592.00223 151.00212 706.00216 841.74225 048.28
Balance sheet total (assets)501 724.00527 381.00501 068.00494 204.72465 070.10
Net debt216 778.96179 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)-29 295.77-29 912.75-16 866.342 248.8067.60
Solvency
Equity ratio100.0 %100.0 %100.0 %43.9 %48.4 %
Gearing105.1 %91.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.4
Current ratio0.20.4
Cash and cash equivalents11 060.6626 595.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:5.20%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.4%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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