TotalEnergies Renouvelables Danemark ApS — Credit Rating and Financial Key Figures

TotalEnergies Renouvelables Danemark ApS (CVR number: 28128789) is a company from KØBENHAVN. The company recorded a gross profit of 187 kEUR in 2023. The operating profit was 187 kEUR, while net earnings were 83 kEUR. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TotalEnergies Renouvelables Danemark ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.