FAIRWIND A/S — Credit Rating and Financial Key Figures

CVR number: 31429293
Lysholt Allé 6, 7100 Vejle
mail@fairwind.com
tel: 75117620
www.fairwind.com

Credit rating

Company information

Official name
FAIRWIND A/S
Personnel
114 persons
Established
2008
Company form
Limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About FAIRWIND A/S

FAIRWIND A/S (CVR number: 31429293) is a company from VEJLE. The company reported a net sales of 511.9 mDKK in 2023, demonstrating a growth of 4.2 % compared to the previous year. The operating profit percentage was poor at -6.4 % (EBIT: -32.6 mDKK), while net earnings were 8309 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 23.2 %, 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. FAIRWIND A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales468.28499.17522.03491.37511.93
Gross profit17.28167.81144.4067.5042.24
EBIT-48.84-0.5523.03-0.08-32.57
Net earnings13.5613.1641.945.548.31
Shareholders equity total97.0792.74130.51131.46131.28
Balance sheet total (assets)460.03354.42430.90531.01566.70
Net debt224.16188.30210.64303.88326.19
Profitability
EBIT-%-10.4 %-0.1 %4.4 %-0.0 %-6.4 %
ROA1.6 %7.2 %14.0 %7.2 %9.7 %
ROE15.3 %13.9 %37.6 %4.2 %6.3 %
ROI2.2 %9.5 %17.3 %8.8 %11.8 %
Economic value added (EVA)-36.605.3624.796.91-31.60
Solvency
Equity ratio23.0 %28.2 %30.3 %24.8 %23.2 %
Gearing236.7 %210.3 %166.2 %236.8 %250.3 %
Relative net indebtedness %76.3 %51.1 %56.3 %79.8 %84.6 %
Liquidity
Quick ratio0.90.91.41.20.9
Current ratio0.90.91.41.20.9
Cash and cash equivalents5.596.786.337.422.42
Capital use efficiency
Trade debtors turnover (days)85.435.949.480.252.9
Net working capital %-7.2 %-7.0 %14.7 %14.0 %-4.9 %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:9.67%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.2%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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