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

FONDEN LINDOE OFFSHORE RENEWABLES CENTER (CVR number: 32648029) is a company from KERTEMINDE. The company reported a net sales of 124.7 mDKK in 2024, demonstrating a growth of 0.5 % compared to the previous year. The operating profit percentage was at 28.6 % (EBIT: 35.6 mDKK), while net earnings were 10.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.3 %, 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 0.8 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.