TITAN WIND ENERGY (EUROPE) A/S — Credit Rating and Financial Key Figures

TITAN WIND ENERGY (EUROPE) A/S (CVR number: 34586640K) is a company from VARDE. The company recorded a gross profit of 39.7 mDKK in 2024. The operating profit was -19.1 mDKK, while net earnings were -25.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -8.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -21 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TITAN WIND ENERGY (EUROPE) A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.