Tohoku Offshore Wind Holding A/S — Credit Rating and Financial Key Figures

CVR number: 39787806
Kraftværksvej 53, Skærbæk 7000 Fredericia
info@orsted.com
tel: 99551111

Company information

Official name
Tohoku Offshore Wind Holding A/S
Established
2018
Domicile
Skærbæk
Company form
Limited company
Industry

About Tohoku Offshore Wind Holding A/S

Tohoku Offshore Wind Holding A/S (CVR number: 39787806) is a company from FREDERICIA. The company recorded a gross profit of -29 kDKK in 2024. The operating profit was -29 kDKK, while net earnings were -2312 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Tohoku Offshore Wind Holding A/S's liquidity measured by quick ratio was 2033.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 132.00-14.00-26.00-4.00-29.00
EBIT- 132.00-14.00-26.00-4.00-29.00
Net earnings- 104.00-79.00-99 832.00-10 471.00-2 312.00
Shareholders equity total294.00161 215.0061 383.0050 912.0099 600.00
Balance sheet total (assets)318.00161 225.0061 404.0050 925.0099 649.00
Net debt24.00- 103.00-96.00-87.00- 327.00
Profitability
EBIT-%
ROA-36.9 %0.5 %-89.7 %-18.6 %-2.5 %
ROE-30.1 %-0.1 %-89.7 %-18.6 %-3.1 %
ROI-36.9 %0.5 %-89.7 %-18.6 %-2.5 %
Economic value added (EVA)- 123.22-26.93-8 127.78-3 087.34-2 581.29
Solvency
Equity ratio92.5 %100.0 %100.0 %100.0 %100.0 %
Gearing8.2 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio13.329.712.919.92 033.7
Current ratio13.329.712.919.92 033.7
Cash and cash equivalents103.0096.0087.00345.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-2.53%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 99/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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