Kadetbanke Offshore Wind Farm ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kadetbanke Offshore Wind Farm ApS
Kadetbanke Offshore Wind Farm ApS (CVR number: 43251333) is a company from RANDERS. The company recorded a gross profit of -13.2 kDKK in 2024. The operating profit was -13.2 kDKK, while net earnings were -12.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.3 %, which can be considered poor and Return on Equity (ROE) was -59.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Kadetbanke Offshore Wind Farm ApS's liquidity measured by quick ratio was 2.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | |||
| Gross profit | -13.79 | -12.50 | -13.25 |
| EBIT | -13.79 | -12.50 | -13.25 |
| Net earnings | -13.59 | -9.07 | -12.53 |
| Shareholders equity total | 36.41 | 27.34 | 14.81 |
| Balance sheet total (assets) | 46.41 | 37.34 | 24.81 |
| Net debt | -46.41 | -34.72 | -21.99 |
| Profitability | |||
| EBIT-% | |||
| ROA | -29.3 % | -27.8 % | -40.3 % |
| ROE | -37.3 % | -28.4 % | -59.5 % |
| ROI | -37.3 % | -36.5 % | -59.5 % |
| Economic value added (EVA) | -13.79 | -11.53 | -14.62 |
| Solvency | |||
| Equity ratio | 78.5 % | 73.2 % | 59.7 % |
| Gearing | |||
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 4.6 | 3.7 | 2.5 |
| Current ratio | 4.6 | 3.7 | 2.5 |
| Cash and cash equivalents | 46.41 | 34.72 | 21.99 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | B | BB | B |
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