EUROPEAN WIND FARM INVEST NO. 2 A/S — Credit Rating and Financial Key Figures

CVR number: 31173310
Gyngemose Parkvej 50, 2860 Søborg

Credit rating

Company information

Official name
EUROPEAN WIND FARM INVEST NO. 2 A/S
Established
2007
Company form
Limited company
Industry

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 financials

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2019
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 earnings162.91347.1737.91911.38170.03
Shareholders equity total3 087.193 254.372 962.283 873.653 093.68
Balance sheet total (assets)3 098.683 262.133 002.384 069.963 305.55
Net debt- 221.54- 392.05-71.16- 373.68- 257.50
Profitability
EBIT-%
ROA5.1 %11.0 %4.4 %30.2 %6.2 %
ROE5.1 %10.9 %1.2 %26.7 %4.9 %
ROI5.1 %11.0 %4.4 %31.3 %6.6 %
Economic value added (EVA)- 186.85- 173.63- 175.10- 162.86- 207.78
Solvency
Equity ratio99.6 %99.8 %98.7 %95.2 %93.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio19.950.53.36.12.1
Current ratio19.950.53.36.12.1
Cash and cash equivalents221.54392.0571.16373.68257.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:6.22%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.6%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member
Chairman of the board

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