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

CVR number: 28510438
Kanalen 1, 6700 Esbjerg
sebastian.radke@norseawind.com
Free credit report Annual report

Company information

Official name
NorSea Wind A/S
Personnel
3 persons
Established
2005
Company form
Limited company
Industry

About NorSea Wind A/S

NorSea Wind A/S (CVR number: 28510438) is a company from ESBJERG. The company recorded a gross profit of 500.5 kDKK in 2024. The operating profit was 500.5 kDKK, while net earnings were 1209.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.4 %, which can be considered excellent and Return on Equity (ROE) was 113.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NorSea Wind A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 785.08- 635.62- 333.57-89.97500.52
EBIT-3 707.96- 615.79- 333.57- 112.33500.52
Net earnings-4 115.71-1 131.37745.83-21 641.051 209.62
Shareholders equity total-25 575.57-26 706.94-25 961.11460.871 674.11
Balance sheet total (assets)10 236.749 828.429 813.27764.471 674.11
Net debt29 558.4536 241.8335 699.21303.52
Profitability
EBIT-%
ROA-9.9 %-1.7 %-0.8 %113.7 %42.4 %
ROE-29.9 %-11.3 %7.6 %-421.3 %113.3 %
ROI-11.8 %-1.9 %-0.9 %-112.3 %42.4 %
Economic value added (EVA)-4 262.91- 815.93- 715.96- 602.19316.95
Solvency
Equity ratio-71.4 %-73.1 %-72.6 %60.3 %100.0 %
Gearing-115.6 %-135.7 %-137.5 %65.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.32.5
Current ratio0.30.30.32.5
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:42.4%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.