NorSea Wind A/S — Credit Rating and Financial Key Figures

NorSea Wind A/S (CVR number: 28510438) is a company from ESBJERG. The company recorded a gross profit of -90 kDKK in 2023. The operating profit was -112.3 kDKK, while net earnings were -21.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 113.7 %, which can be considered excellent but Return on Equity (ROE) was -421.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.3 %, 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. NorSea Wind A/S's liquidity measured by quick ratio was 2.5 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.