Lillebælt Vind A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lillebælt Vind A/S
Lillebælt Vind A/S (CVR number: 40540628) is a company from SØNDERBORG. The company recorded a gross profit of -123.8 kDKK in 2023. The operating profit was -123.8 kDKK, while net earnings were -100.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Lillebælt Vind A/S's liquidity measured by quick ratio was 5.6 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 | -12.00 | -42.00 | -28.61 | -62.79 | - 123.76 |
EBIT | -35.00 | -74.00 | -56.61 | -62.79 | - 123.76 |
Net earnings | -28.00 | -66.00 | -36.13 | -49.05 | - 100.05 |
Shareholders equity total | 16 005.00 | 15 939.00 | 15 903.39 | 24 654.33 | 24 554.28 |
Balance sheet total (assets) | 23 378.00 | 23 998.00 | 27 113.04 | 39 461.03 | 55 502.18 |
Net debt | 4 271.00 | 6 416.00 | 10 726.60 | 12 203.24 | 21 080.43 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.1 % | -0.3 % | -0.2 % | -0.2 % | -0.3 % |
ROE | -0.2 % | -0.4 % | -0.2 % | -0.2 % | -0.4 % |
ROI | -0.2 % | -0.3 % | -0.2 % | -0.2 % | -0.3 % |
Economic value added (EVA) | -27.22 | - 721.96 | - 778.07 | - 843.37 | -1 278.90 |
Solvency | |||||
Equity ratio | 68.5 % | 66.4 % | 58.7 % | 62.5 % | 44.2 % |
Gearing | 45.1 % | 47.6 % | 68.0 % | 54.1 % | 119.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.2 | 2.0 | 1.9 | 5.6 |
Current ratio | 0.4 | 0.2 | 2.0 | 1.9 | 5.6 |
Cash and cash equivalents | 2 951.00 | 1 174.00 | 94.52 | 1 124.62 | 8 177.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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