MING YANG WIND POWER EUROPEAN R&D CENTER ApS — Credit Rating and Financial Key Figures

MING YANG WIND POWER EUROPEAN R&D CENTER ApS (CVR number: 32551475) is a company from RUDERSDAL. The company recorded a gross profit of -393 kDKK in 2024. The operating profit was -875.6 kDKK, while net earnings were -879.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -219.2 %, which can be considered poor and Return on Equity (ROE) was -686.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. MING YANG WIND POWER EUROPEAN R&D CENTER ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.