Tohoku Offshore Wind Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 total | 294.00 | 161 215.00 | 61 383.00 | 50 912.00 | 99 600.00 |
Balance sheet total (assets) | 318.00 | 161 225.00 | 61 404.00 | 50 925.00 | 99 649.00 |
Net debt | 24.00 | - 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 ratio | 92.5 % | 100.0 % | 100.0 % | 100.0 % | 100.0 % |
Gearing | 8.2 % | 0.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 13.3 | 29.7 | 12.9 | 19.9 | 2 033.7 |
Current ratio | 13.3 | 29.7 | 12.9 | 19.9 | 2 033.7 |
Cash and cash equivalents | 103.00 | 96.00 | 87.00 | 345.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | B |
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