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

TITAN WIND ENERGY (EUROPE) A/S (CVR number: 34586640) is a company from VARDE. The company recorded a gross profit of -3759 kDKK in 2024. The operating profit was -10.1 mDKK, while net earnings were -25.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -7.4 %, which can be considered poor and Return on Equity (ROE) was -12.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -31.2 %. 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 1.9 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.