DANSK VINDMØLLE INSTITUT A/S — Credit Rating and Financial Key Figures

CVR number: 19555631
Hjortshøjvej 100 A, 8250 Egå
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Company information

Official name
DANSK VINDMØLLE INSTITUT A/S
Personnel
7 persons
Established
1996
Company form
Limited company
Industry

About DANSK VINDMØLLE INSTITUT A/S

DANSK VINDMØLLE INSTITUT A/S (CVR number: 19555631) is a company from AARHUS. The company recorded a gross profit of -238.4 kDKK in 2023. The operating profit was -1648.8 kDKK, while net earnings were -1551.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -44.4 %, which can be considered poor and Return on Equity (ROE) was -63.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DANSK VINDMØLLE INSTITUT A/S's liquidity measured by quick ratio was 2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 898.8330.34-12.37- 322.56- 238.38
EBIT- 655.89-2 158.26-1 484.09-1 701.75-1 648.84
Net earnings- 396.04-1 624.47-1 117.83-1 687.24-1 551.60
Shareholders equity total4 633.013 008.541 890.713 203.461 651.87
Balance sheet total (assets)14 795.0214 486.0214 324.263 412.933 335.82
Net debt8 845.999 428.2511 858.67- 379.891 260.49
Profitability
EBIT-%
ROA-0.7 %-10.7 %-5.9 %-11.6 %-44.4 %
ROE-8.2 %-42.5 %-45.6 %-66.2 %-63.9 %
ROI-0.7 %-11.2 %-6.0 %-11.9 %-47.6 %
Economic value added (EVA)- 766.09-1 900.38-1 240.47-1 782.52-1 790.72
Solvency
Equity ratio31.3 %20.8 %13.2 %93.9 %49.5 %
Gearing197.7 %361.6 %642.2 %87.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.31.216.22.0
Current ratio1.51.31.216.22.0
Cash and cash equivalents311.261 451.25283.34379.89176.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-44.4%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.5%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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