Cadeler A/S — Credit Rating and Financial Key Figures

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.