Cadeler A/S
Credit rating
Company information
About Cadeler A/S
Cadeler A/S (CVR number: 31180503) is a company from KØBENHAVN. The company reported a net sales of 334.6 mEUR in 2017, demonstrating a decline of -36.7 % compared to the previous year. The operating profit percentage was poor at -17.5 % (EBIT: -58.6 mEUR), while net earnings were -47.5 mEUR. The profitability of the company measured by Return on Assets (ROA) was -28.4 %, which can be considered poor and Return on Equity (ROE) was -31.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Cadeler A/S's liquidity measured by quick ratio was 2.8 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 financials2016 | 2017 | |
---|---|---|
Volume | ||
Net sales | 528 143.00 | 334 576.00 |
Gross profit | 96 432.00 | -34 538.00 |
EBIT | 74 147.00 | -58 598.00 |
Net earnings | 52 861.00 | -47 496.00 |
Shareholders equity total | 174 915.00 | 127 419.00 |
Balance sheet total (assets) | 218 898.00 | 193 270.00 |
Net debt | -6.00 | -5 973.00 |
Profitability | ||
EBIT-% | 14.0 % | -17.5 % |
ROA | 34.0 % | -28.4 % |
ROE | 30.2 % | -31.4 % |
ROI | 42.6 % | -38.7 % |
Economic value added (EVA) | 57 825.71 | -55 892.10 |
Solvency | ||
Equity ratio | 79.8 % | 65.9 % |
Gearing | ||
Relative net indebtedness % | 8.3 % | 17.9 % |
Liquidity | ||
Quick ratio | 8.4 | 2.8 |
Current ratio | 8.6 | 2.9 |
Cash and cash equivalents | 6.00 | 5 973.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 30.4 | 25.5 |
Net working capital % | 36.4 % | 37.4 % |
Credit risk | ||
Credit rating | BBB | BB |
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