K/S Vindpark Grønkær Laug — Credit Rating and Financial Key Figures

CVR number: 38982109
Mariagervej 58 B, 9500 Hobro
tel: 96207040

Company information

Official name
K/S Vindpark Grønkær Laug
Established
2017
Company form
Limited partnership
Industry

About K/S Vindpark Grønkær Laug

K/S Vindpark Grønkær Laug (CVR number: 38982109) is a company from MARIAGERFJORD. The company recorded a gross profit of 5091.1 kDKK in 2024. The operating profit was 3741.1 kDKK, while net earnings were 2251.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 68.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. K/S Vindpark Grønkær Laug's liquidity measured by quick ratio was 1.5 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.

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 profit2 547.945 627.155 091.07
EBIT1 370.561 160.864 277.013 741.06
Net earnings2 994.571 371.261 160.372 941.142 251.26
Shareholders equity total38 427.3136 583.6735 457.903 272.033 320.50
Balance sheet total (assets)38 696.0336 871.9135 619.3434 719.9733 784.12
Net debt-79.77- 188.47- 253.0029 807.6628 328.76
Profitability
EBIT-%
ROA3.6 %3.2 %12.2 %11.0 %
ROE7.6 %3.7 %3.2 %15.2 %68.3 %
ROI3.7 %3.2 %12.5 %11.5 %
Economic value added (EVA)-2 013.84- 560.41- 677.472 495.262 068.75
Solvency
Equity ratio99.3 %99.2 %99.5 %9.4 %9.8 %
Gearing917.1 %865.6 %
Relative net indebtedness %
Liquidity
Quick ratio6.95.710.81.61.5
Current ratio6.95.710.81.61.5
Cash and cash equivalents79.77188.47253.00200.14412.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:11.0%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.83%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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