TotalEnergies Renouvelables Danemark ApS — Credit Rating and Financial Key Figures

TotalEnergies Renouvelables Danemark ApS (CVR number: 28128789K) is a company from KØBENHAVN. The company recorded a gross profit of 126 kEUR in 2018. The operating profit was -1412 kEUR, while net earnings were -1730 kEUR. The profitability of the company measured by Return on Assets (ROA) was -16.4 %, which can be considered poor and Return on Equity (ROE) was -114.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 6.7 %, 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. TotalEnergies Renouvelables Danemark ApS's liquidity measured by quick ratio was 1.8 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.