VESTAS CENTRAL EUROPE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VESTAS CENTRAL EUROPE A/S
VESTAS CENTRAL EUROPE A/S (CVR number: 28118236) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -1067 kDKK, while net earnings were 297.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 26.9 %, which can be considered excellent and Return on Equity (ROE) was 29.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VESTAS CENTRAL EUROPE 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 336 850.00 | ||||
Gross profit | -3 952.00 | -15 639.00 | -3 238.00 | ||
EBIT | -12 139.00 | -9 904.00 | 912.00 | 207.00 | -1 067.00 |
Net earnings | 81.00 | 64 941.00 | -24 078.00 | - 268 605.00 | 297 375.00 |
Shareholders equity total | 1 072 123.00 | 1 137 064.00 | 1 112 986.00 | 844 381.00 | 1 141 756.00 |
Balance sheet total (assets) | 1 253 140.00 | 1 599 198.00 | 1 412 815.00 | 1 148 136.00 | 1 286 795.00 |
Net debt | 168 689.00 | 460 771.00 | 298 268.00 | 303 277.00 | 143 719.00 |
Profitability | |||||
EBIT-% | -3.6 % | ||||
ROA | 0.1 % | 4.7 % | -1.5 % | -20.5 % | 26.9 % |
ROE | 0.0 % | 5.9 % | -2.1 % | -27.4 % | 29.9 % |
ROI | 0.1 % | 4.7 % | -1.5 % | -20.5 % | 27.0 % |
Economic value added (EVA) | -73 751.90 | -69 397.62 | -79 659.52 | -70 774.58 | -58 447.84 |
Solvency | |||||
Equity ratio | 85.6 % | 71.1 % | 78.8 % | 73.5 % | 88.7 % |
Gearing | 15.8 % | 40.6 % | 26.8 % | 36.0 % | 12.6 % |
Relative net indebtedness % | 53.6 % | ||||
Liquidity | |||||
Quick ratio | 0.9 | 0.4 | 0.0 | 0.0 | 0.0 |
Current ratio | 0.9 | 0.4 | 0.0 | 0.0 | 0.0 |
Cash and cash equivalents | 298.00 | 315.00 | 408.00 | 407.00 | 442.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 172.8 | ||||
Net working capital % | -4.2 % | ||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | A |
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