GLOBAL WIND POWER HOLDING A/S — Credit Rating and Financial Key Figures

GLOBAL WIND POWER HOLDING A/S (CVR number: 25683846K) is a company from THISTED. The company recorded a gross profit of 290 kEUR in 2017. The operating profit was 63 kEUR, while net earnings were -1349 kEUR. The profitability of the company measured by Return on Assets (ROA) was -7.4 %, which can be considered poor and Return on Equity (ROE) was -37.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. GLOBAL WIND POWER HOLDING A/S'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.