Handest Wind Park ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Handest Wind Park ApS
Handest Wind Park ApS (CVR number: 40541381) is a company from MARIAGERFJORD. The company recorded a gross profit of -16.9 kDKK in 2023. The operating profit was -16.9 kDKK, while net earnings were 3433.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 57.3 %, 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. Handest Wind Park ApS's liquidity measured by quick ratio was 1.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -12.50 | -15.09 | -27.38 | -27.01 | -16.92 |
| EBIT | -12.50 | -15.09 | -27.38 | -27.01 | -16.92 |
| Net earnings | 220.80 | - 257.32 | 4 569.55 | 19 489.57 | 3 433.79 |
| Shareholders equity total | 40 896.31 | 40 638.99 | 45 208.54 | 64 698.11 | 68 131.90 |
| Balance sheet total (assets) | 79 386.37 | 78 071.99 | 83 750.45 | 111 906.49 | 118 845.89 |
| Net debt | 34 409.36 | 32 463.52 | 27 385.04 | 29 755.03 | 29 997.87 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 2.5 % | 2.5 % | 10.2 % | 27.9 % | 5.9 % |
| ROE | 0.5 % | -0.6 % | 10.6 % | 35.5 % | 5.2 % |
| ROI | 2.6 % | 2.7 % | 10.7 % | 29.1 % | 6.1 % |
| Economic value added (EVA) | -13.00 | 3 774.95 | 3 999.29 | 4 096.67 | 3 809.46 |
| Solvency | |||||
| Equity ratio | 51.5 % | 52.1 % | 54.0 % | 57.8 % | 57.3 % |
| Gearing | 84.1 % | 82.2 % | 73.5 % | 52.8 % | 53.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 0.2 | 1.4 | 1.6 | 1.7 |
| Current ratio | 1.0 | 0.2 | 1.4 | 1.6 | 1.7 |
| Cash and cash equivalents | 951.77 | 5 825.11 | 4 437.20 | 6 617.81 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | A | A |
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