CSIC HZ WINDPOWER(DENMARK) R&D CENTER ApS — Credit Rating and Financial Key Figures

CSIC HZ WINDPOWER(DENMARK) R&D CENTER ApS (CVR number: 32317871) is a company from KØBENHAVN. The company recorded a gross profit of 754.1 kDKK in 2016. The operating profit was 211.5 kDKK, while net earnings were 184.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.3 %, which can be considered excellent and Return on Equity (ROE) was 111.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.4 %, 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. CSIC HZ WINDPOWER(DENMARK) R&D CENTER ApS's liquidity measured by quick ratio was 1.6 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.