Swire Renewable Energy A/S — Credit Rating and Financial Key Figures

Swire Renewable Energy A/S (CVR number: 36445874) is a company from AARHUS. The company reported a net sales of 286.9 mDKK in 2023, demonstrating a growth of 10.7 % compared to the previous year. The operating profit percentage was poor at -1.6 % (EBIT: -4.7 mDKK), while net earnings were -25.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -25 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.8 %, 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. Swire Renewable Energy A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.