GLOBAL WIND POWER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLOBAL WIND POWER ApS
GLOBAL WIND POWER ApS (CVR number: 27138764) is a company from THISTED. The company recorded a gross profit of -34.7 kEUR in 2023. The operating profit was -34.7 kEUR, while net earnings were -34 kEUR. The profitability of the company measured by Return on Assets (ROA) was -15.9 %, which can be considered poor and Return on Equity (ROE) was -31.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. GLOBAL WIND POWER ApS's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2.81 | 10.28 | 22.94 | 20.92 | -34.75 |
EBIT | 2.81 | 10.28 | 22.94 | 20.92 | -34.75 |
Net earnings | 2.04 | 9.77 | 22.85 | 20.91 | -33.99 |
Shareholders equity total | 70.71 | 80.48 | 103.33 | 124.24 | 90.26 |
Balance sheet total (assets) | 114.41 | 164.10 | 162.30 | 240.04 | 197.49 |
Net debt | -99.49 | - 135.14 | - 141.22 | - 109.47 | - 110.29 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.0 % | 7.4 % | 14.1 % | 10.4 % | -15.9 % |
ROE | 2.9 % | 12.9 % | 24.9 % | 18.4 % | -31.7 % |
ROI | 4.4 % | 12.0 % | 21.2 % | 13.3 % | -23.1 % |
Economic value added (EVA) | 2.19 | 11.81 | 26.77 | 23.54 | -30.88 |
Solvency | |||||
Equity ratio | 61.8 % | 49.0 % | 63.7 % | 51.8 % | 45.7 % |
Gearing | 24.9 % | 12.1 % | 60.4 % | 12.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 2.0 | 2.8 | 2.1 | 1.8 |
Current ratio | 2.6 | 2.0 | 2.8 | 2.1 | 1.8 |
Cash and cash equivalents | 99.49 | 155.14 | 153.72 | 184.47 | 121.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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