VESTAS MEDITERRANEAN A/S — Credit Rating and Financial Key Figures

CVR number: 28118201
Hedeager 42, 8200 Aarhus N
tel: 97300000

Credit rating

Company information

Official name
VESTAS MEDITERRANEAN A/S
Established
2004
Company form
Limited company
Industry

About VESTAS MEDITERRANEAN A/S

VESTAS MEDITERRANEAN A/S (CVR number: 28118201) is a company from AARHUS. The company reported a net sales of 2635 mDKK in 2024, demonstrating a decline of -34.4 % compared to the previous year. The operating profit percentage was poor at -1.5 % (EBIT: -40.3 mDKK), while net earnings were 854.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 33.4 %, which can be considered excellent and Return on Equity (ROE) was 65.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VESTAS MEDITERRANEAN A/S's liquidity measured by quick ratio was 1.6 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 267.001 759.00979.004 018.632 635.04
Gross profit8.00- 198.00182.0033.25-30.20
EBIT8.00- 198.00182.0016.72-40.35
Net earnings-16.00-73.00- 289.0095.08854.11
Shareholders equity total1 143.001 102.00791.00854.741 737.27
Balance sheet total (assets)2 624.003 154.004 460.003 725.503 047.86
Net debt675.91894.40
Profitability
EBIT-%0.6 %-11.3 %18.6 %0.4 %-1.5 %
ROA0.3 %-6.9 %4.8 %6.5 %33.4 %
ROE-1.6 %-6.5 %-30.5 %11.6 %65.9 %
ROI0.3 %-6.9 %4.8 %8.9 %53.6 %
Economic value added (EVA)-38.08- 255.44126.62-29.15- 109.45
Solvency
Equity ratio100.0 %100.0 %100.0 %48.8 %62.3 %
Gearing82.2 %53.3 %
Relative net indebtedness %70.8 %48.5 %
Liquidity
Quick ratio0.61.6
Current ratio0.91.6
Cash and cash equivalents26.7431.73
Capital use efficiency
Trade debtors turnover (days)11.916.9
Net working capital %-4.5 %27.4 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:33.4%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.3%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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