Gronkaer Wind Park Denmark K/S — Credit Rating and Financial Key Figures

CVR number: 38982184
Mariagervej 58 B, 9500 Hobro
info@ewe.dk
tel: 96207040

Credit rating

Company information

Official name
Gronkaer Wind Park Denmark K/S
Established
2017
Company form
Limited partnership
Industry
  • Expand more icon42Civil engineering

About Gronkaer Wind Park Denmark K/S

Gronkaer Wind Park Denmark K/S (CVR number: 38982184) is a company from MARIAGERFJORD. The company recorded a gross profit of 21 mDKK in 2023. The operating profit was 15.5 mDKK, while net earnings were 13.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 18.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.5 %, 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. Gronkaer Wind Park Denmark K/S's liquidity measured by quick ratio was 0.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit22 669.5715 783.8325 731.9955 132.1521 007.56
EBIT15 938.069 153.2519 101.4049 586.2615 461.67
Net earnings12 565.867 036.6916 829.0747 660.8413 259.73
Shareholders equity total44 409.0551 445.7568 274.8268 340.7778 531.11
Balance sheet total (assets)161 004.10155 343.00156 812.41146 462.52136 606.77
Net debt114 942.20100 734.5279 869.8774 547.0845 099.00
Profitability
EBIT-%
ROA9.3 %6.0 %12.3 %32.7 %10.9 %
ROE33.0 %14.7 %28.1 %69.8 %18.1 %
ROI9.4 %6.1 %12.4 %33.1 %11.5 %
Economic value added (EVA)6 575.532 823.6913 147.6943 651.117 457.73
Solvency
Equity ratio27.6 %33.1 %43.5 %46.7 %57.5 %
Gearing259.5 %200.2 %127.5 %111.2 %57.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.50.30.4
Current ratio0.20.20.50.30.4
Cash and cash equivalents283.972 236.187 189.481 434.2962.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.5%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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