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 recorded a gross profit of 0 kDKK in 2024, demonstrating a decline of -100 % compared to the previous year. The operating profit was -6.7 kDKK, while net earnings were 90.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, 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 168.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 120.00 | 371.56 | 61.56 | 375.00 | |
| Gross profit | 91.78 | -65.72 | 30.85 | 31.12 | |
| EBIT | 54.28 | - 107.65 | -1.86 | 1 180.24 | -6.66 |
| Net earnings | 308.63 | - 171.00 | 35.12 | 1 454.63 | 90.08 |
| Shareholders equity total | 2 475.72 | 2 103.47 | 1 937.35 | 3 190.73 | 3 046.80 |
| Balance sheet total (assets) | 2 672.06 | 2 185.02 | 2 020.16 | 3 213.84 | 3 065.00 |
| Net debt | -1 015.21 | - 933.47 | - 754.74 | -3 213.84 | -3 065.00 |
| Profitability | |||||
| EBIT-% | 45.2 % | -29.0 % | -3.0 % | 314.7 % | |
| ROA | 16.6 % | -7.5 % | 1.7 % | 57.3 % | 3.7 % |
| ROE | 12.7 % | -7.5 % | 1.7 % | 56.7 % | 2.9 % |
| ROI | 17.4 % | -8.0 % | 1.8 % | 58.4 % | 3.7 % |
| Economic value added (EVA) | -79.09 | - 223.82 | - 107.56 | 1 048.47 | - 165.53 |
| Solvency | |||||
| Equity ratio | 92.7 % | 96.3 % | 95.9 % | 99.3 % | 99.4 % |
| Gearing | |||||
| Relative net indebtedness % | -682.4 % | -229.3 % | -1091.5 % | -850.9 % | |
| Liquidity | |||||
| Quick ratio | 11.7 | 11.5 | 9.2 | 139.1 | 168.5 |
| Current ratio | 20.3 | 15.8 | 13.4 | 139.1 | 168.5 |
| Cash and cash equivalents | 1 015.21 | 933.47 | 754.74 | 3 213.84 | 3 065.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 924.8 % | 195.6 % | 834.1 % | 255.2 % | |
| Credit risk | |||||
| Credit rating | A | BBB | BBB | BB | BB |
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