DANSK VINDMØLLEPARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSK VINDMØLLEPARK A/S
DANSK VINDMØLLEPARK A/S (CVR number: 73603919) is a company from ASSENS. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 509.2 % compared to the previous year. The operating profit percentage was at 314.7 % (EBIT: 1.2 mDKK), while net earnings were 1454.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 57.3 %, which can be considered excellent and Return on Equity (ROE) was 56.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DANSK VINDMØLLEPARK A/S's liquidity measured by quick ratio was 139.1 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 120.00 | 120.00 | 371.56 | 61.56 | 375.00 |
Gross profit | 89.72 | 91.78 | -65.72 | 30.85 | 31.12 |
EBIT | 39.38 | 54.28 | - 107.65 | -1.86 | 1 180.24 |
Net earnings | 51.40 | 308.63 | - 171.00 | 35.12 | 1 454.63 |
Shareholders equity total | 2 368.34 | 2 475.72 | 2 103.47 | 1 937.35 | 3 190.73 |
Balance sheet total (assets) | 2 410.56 | 2 672.06 | 2 185.02 | 2 020.16 | 3 213.84 |
Net debt | - 785.13 | -1 015.21 | - 933.47 | - 754.74 | -3 213.84 |
Profitability | |||||
EBIT-% | 32.8 % | 45.2 % | -29.0 % | -3.0 % | 314.7 % |
ROA | 2.9 % | 16.6 % | -7.5 % | 1.7 % | 57.3 % |
ROE | 2.1 % | 12.7 % | -7.5 % | 1.7 % | 56.7 % |
ROI | 2.9 % | 17.4 % | -8.0 % | 1.8 % | 58.4 % |
Economic value added (EVA) | -52.88 | -39.64 | - 172.81 | -60.65 | 1 086.39 |
Solvency | |||||
Equity ratio | 98.2 % | 92.7 % | 96.3 % | 95.9 % | 99.3 % |
Gearing | |||||
Relative net indebtedness % | -619.1 % | -682.4 % | -229.3 % | -1091.5 % | -850.9 % |
Liquidity | |||||
Quick ratio | 74.9 | 11.7 | 11.5 | 9.2 | 139.1 |
Current ratio | 141.7 | 20.3 | 15.8 | 13.4 | 139.1 |
Cash and cash equivalents | 785.13 | 1 015.21 | 933.47 | 754.74 | 3 213.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 868.3 % | 924.8 % | 195.6 % | 834.1 % | 255.2 % |
Credit risk | |||||
Credit rating | A | A | BBB | A | BBB |
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