EUROPEAN WIND FARM INVEST NO. 2 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About EUROPEAN WIND FARM INVEST NO. 2 A/S
EUROPEAN WIND FARM INVEST NO. 2 A/S (CVR number: 31173310) is a company from GLADSAXE. The company recorded a gross profit of -14.2 kEUR in 2023. The operating profit was -17.5 kEUR, while net earnings were 170 kEUR. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 4.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 93.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EUROPEAN WIND FARM INVEST NO. 2 A/S's liquidity measured by quick ratio was 2.1 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 (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -17.56 | -14.48 | -12.86 | -13.12 | -14.15 |
EBIT | -18.90 | -18.50 | -16.29 | -16.41 | -17.50 |
Net earnings | 162.91 | 347.17 | 37.91 | 911.38 | 170.03 |
Shareholders equity total | 3 087.19 | 3 254.37 | 2 962.28 | 3 873.65 | 3 093.68 |
Balance sheet total (assets) | 3 098.68 | 3 262.13 | 3 002.38 | 4 069.96 | 3 305.55 |
Net debt | - 221.54 | - 392.05 | -71.16 | - 373.68 | - 257.50 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.1 % | 11.0 % | 4.4 % | 30.2 % | 6.2 % |
ROE | 5.1 % | 10.9 % | 1.2 % | 26.7 % | 4.9 % |
ROI | 5.1 % | 11.0 % | 4.4 % | 31.3 % | 6.6 % |
Economic value added (EVA) | - 186.85 | - 173.63 | - 175.10 | - 162.86 | - 207.78 |
Solvency | |||||
Equity ratio | 99.6 % | 99.8 % | 98.7 % | 95.2 % | 93.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 19.9 | 50.5 | 3.3 | 6.1 | 2.1 |
Current ratio | 19.9 | 50.5 | 3.3 | 6.1 | 2.1 |
Cash and cash equivalents | 221.54 | 392.05 | 71.16 | 373.68 | 257.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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