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FONDEN LINDOE OFFSHORE RENEWABLES CENTER — Credit Rating and Financial Key Figures

CVR number: 32648029
Lindø Sydvej 30, 5330 Munkebo
lorc@lorc.dk
tel: 70230430
www.lorc.dk
Free credit report Annual report

Company information

Official name
FONDEN LINDOE OFFSHORE RENEWABLES CENTER
Personnel
21 persons
Established
2009
Industry

About FONDEN LINDOE OFFSHORE RENEWABLES CENTER

FONDEN LINDOE OFFSHORE RENEWABLES CENTER (CVR number: 32648029) is a company from KERTEMINDE. The company reported a net sales of 118.5 mDKK in 2025, demonstrating a decline of -5 % compared to the previous year. The operating profit percentage was at 18.1 % (EBIT: 21.5 mDKK), while net earnings were -1282.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FONDEN LINDOE OFFSHORE RENEWABLES CENTER's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales76.32124.23124.03124.71118.47
Gross profit76.32124.23108.87106.5698.25
EBIT0.4839.9138.2535.6121.47
Net earnings-10.5923.8517.1910.16-1.28
Shareholders equity total63.1386.98104.17111.59110.65
Balance sheet total (assets)556.40557.87489.75579.36762.37
Net debt141.39240.90284.06
Profitability
EBIT-%0.6 %32.1 %30.8 %28.6 %18.1 %
ROA0.1 %7.2 %8.0 %7.4 %3.6 %
ROE-15.5 %31.8 %18.0 %9.4 %-1.2 %
ROI0.1 %7.2 %9.4 %10.4 %5.1 %
Economic value added (EVA)-3.2236.7426.3312.41-6.36
Solvency
Equity ratio100.0 %100.0 %37.0 %39.3 %31.2 %
Gearing186.8 %254.9 %330.5 %
Relative net indebtedness %183.0 %258.4 %311.3 %
Liquidity
Quick ratio1.20.81.0
Current ratio1.20.81.0
Cash and cash equivalents53.1843.5181.63
Capital use efficiency
Trade debtors turnover (days)17.013.87.5
Net working capital %9.9 %-8.4 %-3.7 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.58%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:31.2%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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