K/S BARENDORF WEA 1 — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S BARENDORF WEA 1
K/S BARENDORF WEA 1 (CVR number: 28964773) is a company from SVENDBORG. The company reported a net sales of 0.3 mEUR in 2023, demonstrating a decline of -39.6 % compared to the previous year. The operating profit percentage was at 51.9 % (EBIT: 0.1 mEUR), while net earnings were 128 kEUR. The profitability of the company measured by Return on Assets (ROA) was 101 %, which can be considered excellent and Return on Equity (ROE) was 179.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. K/S BARENDORF WEA 1's liquidity measured by quick ratio was 2.7 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 financialsNet sales (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 263.80 | 252.36 | 266.53 | 463.66 | 279.92 |
Gross profit | 184.15 | 168.60 | 190.86 | 377.50 | 165.32 |
EBIT | 51.96 | -7.69 | 27.59 | 357.49 | 145.31 |
Net earnings | 50.82 | -7.18 | 28.87 | 315.76 | 128.04 |
Shareholders equity total | 446.08 | 253.90 | 87.77 | 28.52 | 114.16 |
Balance sheet total (assets) | 484.18 | 288.46 | 126.90 | 122.30 | 165.56 |
Net debt | 2.05 | -19.16 | 0.63 | -23.23 | -24.46 |
Profitability | |||||
EBIT-% | 19.7 % | -3.0 % | 10.4 % | 77.1 % | 51.9 % |
ROA | 9.8 % | -1.8 % | 14.6 % | 289.5 % | 101.0 % |
ROE | 10.1 % | -2.1 % | 16.9 % | 543.0 % | 179.5 % |
ROI | 10.4 % | -2.0 % | 17.4 % | 582.9 % | 196.7 % |
Economic value added (EVA) | 21.69 | -29.94 | 14.78 | 308.83 | 129.53 |
Solvency | |||||
Equity ratio | 92.1 % | 88.0 % | 69.2 % | 23.3 % | 69.0 % |
Gearing | 1.6 % | 0.8 % | 4.9 % | 11.0 % | 1.8 % |
Relative net indebtedness % | 12.5 % | 5.3 % | 13.3 % | 14.5 % | 8.9 % |
Liquidity | |||||
Quick ratio | 2.5 | 1.9 | 1.6 | 0.8 | 2.7 |
Current ratio | 2.5 | 1.9 | 1.6 | 0.8 | 2.7 |
Cash and cash equivalents | 5.06 | 21.20 | 3.64 | 26.36 | 26.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 51.8 | 29.9 | 60.6 | 22.6 | 44.0 |
Net working capital % | 19.0 % | 11.8 % | 8.5 % | -4.9 % | 31.6 % |
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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