RWE Renewables Denmark A/S

CVR number: 41762713
Vesterbrogade 1 L, 1620 København V

Credit rating

Company information

Official name
RWE Renewables Denmark A/S
Personnel
121 persons
Established
2020
Company form
Limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About the company

RWE Renewables Denmark A/S (CVR number: 41762713) is a company from KØBENHAVN. The company recorded a gross profit of 38.2 mDKK in 2023. The operating profit was -30.4 mDKK, while net earnings were -26.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -53.5 %, which can be considered poor and Return on Equity (ROE) was -104.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. RWE Renewables Denmark A/S'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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
202120222023
Volume
Net sales
Gross profit- 478.134 178.1038 246.66
EBIT- 478.13-13 371.29-30 431.37
Net earnings8 592.2729 439.47-26 682.92
Shareholders equity total9 392.2738 831.7412 148.82
Balance sheet total (assets)10 080.7548 650.3064 248.66
Net debt522.11816.4931 652.71
Profitability
EBIT-%
ROA86.9 %90.9 %-53.5 %
ROE91.5 %122.1 %-104.7 %
ROI88.4 %107.5 %-72.3 %
Economic value added (EVA)- 643.69-10 417.18-27 958.07
Solvency
Equity ratio93.2 %79.8 %18.9 %
Gearing5.6 %2.1 %260.5 %
Relative net indebtedness %
Liquidity
Quick ratio3.81.0
Current ratio3.81.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-53.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.9%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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