K/S VindEnergi Frehne — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S VindEnergi Frehne
K/S VindEnergi Frehne (CVR number: 37542741) is a company from AARHUS. The company recorded a gross profit of 8 kEUR in 2023. The operating profit was 8 kEUR, while net earnings were 118.5 kEUR. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good and Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K/S VindEnergi Frehne's liquidity measured by quick ratio was 2.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -1.49 | 4.72 | 4.43 | 6.43 | 8.01 |
| EBIT | -1.49 | 4.72 | 4.43 | 6.43 | 8.01 |
| Net earnings | 65.64 | 46.54 | 103.73 | 368.97 | 118.52 |
| Shareholders equity total | 1 235.83 | 1 228.37 | 1 290.26 | 1 418.22 | 1 396.75 |
| Balance sheet total (assets) | 1 262.74 | 1 257.43 | 1 319.48 | 1 422.89 | 1 402.09 |
| Net debt | -1.90 | -0.84 | -0.45 | -7.96 | -11.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 5.2 % | 3.8 % | 8.1 % | 27.0 % | 8.4 % |
| ROE | 5.3 % | 3.8 % | 8.2 % | 27.2 % | 8.4 % |
| ROI | 5.3 % | 3.8 % | 8.3 % | 27.3 % | 8.5 % |
| Economic value added (EVA) | -64.34 | -57.38 | -57.30 | -58.40 | -63.25 |
| Solvency | |||||
| Equity ratio | 97.9 % | 97.7 % | 97.8 % | 99.7 % | 99.6 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.2 | 1.5 | 1.4 | 2.1 | 2.4 |
| Current ratio | 1.2 | 1.5 | 1.4 | 2.1 | 2.4 |
| Cash and cash equivalents | 1.90 | 0.84 | 0.45 | 7.96 | 11.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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