EUROPEAN WIND FARMS DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EUROPEAN WIND FARMS DENMARK A/S
EUROPEAN WIND FARMS DENMARK A/S (CVR number: 30910265) is a company from GLADSAXE. The company recorded a gross profit of 0.4 kEUR in 2024. The operating profit was 0.4 kEUR, while net earnings were -1538 kEUR. The profitability of the company measured by Return on Assets (ROA) was -9.7 %, which can be considered poor and Return on Equity (ROE) was -12.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EUROPEAN WIND FARMS DENMARK A/S's liquidity measured by quick ratio was 17.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 078.47 | 34.30 | 64.85 | 97.89 | 0.40 |
EBIT | -1 078.47 | 34.30 | 64.85 | 97.89 | 0.40 |
Net earnings | 961.70 | 3 335.59 | 9 716.61 | 1 285.60 | -1 538.04 |
Shareholders equity total | 15 443.12 | 18 259.67 | 17 112.48 | 13 462.91 | 11 810.59 |
Balance sheet total (assets) | 15 762.97 | 18 719.54 | 17 864.72 | 15 186.29 | 13 683.60 |
Net debt | 58.80 | - 252.82 | 194.40 | 1 634.45 | 1 805.43 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.9 % | 19.6 % | 53.6 % | 8.4 % | -9.7 % |
ROE | 4.8 % | 19.8 % | 54.9 % | 8.4 % | -12.2 % |
ROI | 4.9 % | 19.9 % | 54.8 % | 8.5 % | -9.7 % |
Economic value added (EVA) | -2 250.83 | - 747.28 | - 868.46 | - 803.81 | - 760.14 |
Solvency | |||||
Equity ratio | 98.0 % | 97.5 % | 95.8 % | 88.7 % | 86.3 % |
Gearing | 1.1 % | 2.2 % | 12.3 % | 15.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.5 | 1.8 | 0.4 | 17.1 |
Current ratio | 1.5 | 1.5 | 1.8 | 0.4 | 17.1 |
Cash and cash equivalents | 115.69 | 252.82 | 190.48 | 21.59 | 59.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | BBB |
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