CS WIND Offshore Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CS WIND Offshore Holding A/S
CS WIND Offshore Holding A/S (CVR number: 31074835) is a company from AALBORG. The company recorded a gross profit of -11 kDKK in 2023. The operating profit was -11 kDKK, while net earnings were -359.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was -188.4 %, which can be considered poor and Return on Equity (ROE) was -319.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -99.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. CS WIND Offshore Holding A/S's liquidity measured by quick ratio was 18.1 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -9.00 | -18.00 | -11.00 | ||
EBIT | -7.00 | -14.00 | -9.00 | -18.00 | -11.00 |
Net earnings | -42 770.00 | -21 022.00 | -37 531.00 | - 290 731.00 | - 359 457.00 |
Shareholders equity total | 384 888.00 | 513 045.00 | 536 262.00 | 224 659.00 | - 156 713.00 |
Balance sheet total (assets) | 384 900.00 | 513 050.00 | 611 086.00 | 224 672.00 | 163.00 |
Net debt | -1.00 | -1.00 | 74 813.00 | -1.00 | -3.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -10.4 % | -4.7 % | -6.7 % | -69.6 % | -188.4 % |
ROE | -10.4 % | -4.7 % | -7.2 % | -76.4 % | -319.8 % |
ROI | -10.4 % | -4.7 % | -6.7 % | -69.6 % | -188.4 % |
Economic value added (EVA) | 18 455.10 | 15 762.94 | 22 208.74 | 23 366.84 | 7 717.45 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 87.8 % | 100.0 % | -99.9 % |
Gearing | 14.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 16.8 | 37.2 | 1.0 | 13.3 | 18.1 |
Current ratio | 16.8 | 37.2 | 1.0 | 13.3 | 18.1 |
Cash and cash equivalents | 1.00 | 1.00 | 1.00 | 3.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | B |
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