Lillebælt Vind A/S — Credit Rating and Financial Key Figures

CVR number: 40540628
Ellegårdvej 8, 6400 Sønderborg

Credit rating

Company information

Official name
Lillebælt Vind A/S
Personnel
1 person
Established
2019
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 total16 005.0015 939.0015 903.3924 654.3324 554.28
Balance sheet total (assets)23 378.0023 998.0027 113.0439 461.0355 502.18
Net debt4 271.006 416.0010 726.6012 203.2421 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 ratio68.5 %66.4 %58.7 %62.5 %44.2 %
Gearing45.1 %47.6 %68.0 %54.1 %119.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.22.01.95.6
Current ratio0.40.22.01.95.6
Cash and cash equivalents2 951.001 174.0094.521 124.628 177.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:-0.26%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.2%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chief executive officer
Board member
Chairman of the board

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