European Energy Offshore Wind A/S — Credit Rating and Financial Key Figures

CVR number: 37118044
Gyngemose Parkvej 50, 2860 Søborg
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Company information

Official name
European Energy Offshore Wind A/S
Established
2015
Company form
Limited company
Industry

About European Energy Offshore Wind A/S

European Energy Offshore Wind A/S (CVR number: 37118044) is a company from GLADSAXE. The company recorded a gross profit of -2.9 kEUR in 2017. The operating profit was -2.9 kEUR, while net earnings were -463.1 kEUR. The profitability of the company measured by Return on Assets (ROA) was -105.7 %, which can be considered poor and Return on Equity (ROE) was -858 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -91.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. European Energy Offshore Wind A/S's liquidity measured by quick ratio was 1.9 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

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2016
2017
Volume
Net sales
Gross profit-7.92-2.95
EBIT-7.92-2.95
Net earnings- 219.71- 463.11
Shareholders equity total- 152.48- 615.59
Balance sheet total (assets)51.0456.92
Net debt20.0926.19
Profitability
EBIT-%
ROA-106.2 %-105.7 %
ROE-430.5 %-858.0 %
ROI-107.9 %-106.4 %
Economic value added (EVA)-7.924.74
Solvency
Equity ratio-74.9 %-91.5 %
Gearing-13.6 %-4.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.9
Current ratio2.11.9
Cash and cash equivalents0.570.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-105.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-91.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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