IDE WINDPOWER ApS — Credit Rating and Financial Key Figures

CVR number: 33364490
Erhvervsparken 5, 6900 Skjern

Company information

Official name
IDE WINDPOWER ApS
Established
2010
Company form
Private limited company
Industry

About IDE WINDPOWER ApS

IDE WINDPOWER ApS (CVR number: 33364490) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 4209.7 kDKK in 2023. The operating profit was 3054.7 kDKK, while net earnings were 2543.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.2 %, which can be considered excellent and Return on Equity (ROE) was 24 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.9 %, 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. IDE WINDPOWER ApS's liquidity measured by quick ratio was 6.8 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 544.02522.133 273.686 604.754 209.70
EBIT344.02- 609.072 142.485 473.553 054.70
Net earnings-77.88- 134.541 614.084 281.662 543.24
Shareholders equity total3 583.323 448.785 062.869 344.5211 887.77
Balance sheet total (assets)16 614.3413 048.4510 636.9414 578.7915 454.58
Net debt3 229.234 105.152 542.59-1 821.78-2 846.03
Profitability
EBIT-%
ROA2.0 %-0.5 %18.4 %44.2 %22.2 %
ROE-2.2 %-3.8 %37.9 %59.4 %24.0 %
ROI2.0 %-0.5 %18.9 %47.7 %24.0 %
Economic value added (EVA)133.89- 473.991 531.843 943.082 062.31
Solvency
Equity ratio21.6 %26.4 %47.6 %64.1 %76.9 %
Gearing357.4 %271.5 %96.4 %41.0 %22.8 %
Relative net indebtedness %
Liquidity
Quick ratio9.65.43.94.66.8
Current ratio9.65.43.94.66.8
Cash and cash equivalents9 576.505 257.302 339.015 652.475 551.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAAAA

Variable visualization

ROA:22.2%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.9%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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