VESTAS NORTHERN EUROPE A/S — Credit Rating and Financial Key Figures

VESTAS NORTHERN EUROPE A/S (CVR number: 28118171) is a company from AARHUS. The company reported a net sales of 1997 mDKK in 2023, demonstrating a decline of -29 % compared to the previous year. The operating profit percentage was at 5.6 % (EBIT: 111.3 mDKK), while net earnings were 113.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good but Return on Equity (ROE) was 19.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VESTAS NORTHERN EUROPE A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.