VESTAS MANUFACTURING A/S — Credit Rating and Financial Key Figures

CVR number: 27988210
Hedeager 42, 8200 Aarhus N
Free credit report Annual report

Company information

Official name
VESTAS MANUFACTURING A/S
Personnel
4245 persons
Established
2004
Company form
Limited company
Industry

About VESTAS MANUFACTURING A/S

VESTAS MANUFACTURING A/S (CVR number: 27988210) is a company from AARHUS. The company reported a net sales of 45061 mDKK in 2024, demonstrating a growth of 19.6 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 265.7 mDKK), while net earnings were 188.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 31.6 %, 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. VESTAS MANUFACTURING A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales50 729.0047 602.0041 354.0037 691.9045 060.98
Gross profit50 729.0047 602.0041 354.00279.60265.69
EBIT50 729.0047 602.0041 354.00279.60265.69
Net earnings155.00- 116.00- 186.00135.84188.17
Shareholders equity total7 503.007 799.007 142.007 103.497 110.36
Balance sheet total (assets)19 492.0024 833.0020 939.0019 055.9322 469.85
Net debt5 571.008 784.81
Profitability
EBIT-%100.0 %100.0 %100.0 %0.7 %0.6 %
ROA287.9 %214.8 %180.7 %2.2 %2.9 %
ROE2.1 %-1.5 %-2.5 %1.9 %2.6 %
ROI287.9 %214.8 %180.7 %2.6 %4.2 %
Economic value added (EVA)50 363.9347 224.9740 962.10- 106.41- 442.11
Solvency
Equity ratio100.0 %100.0 %100.0 %37.3 %31.6 %
Gearing79.3 %123.5 %
Relative net indebtedness %31.5 %34.1 %
Liquidity
Quick ratio0.20.5
Current ratio1.31.2
Cash and cash equivalents62.77
Capital use efficiency
Trade debtors turnover (days)1.81.6
Net working capital %9.6 %7.2 %
Credit risk
Credit ratingBBBBBBBAAA

Variable visualization

ROA:2.93%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.6%
Rating: 27/100
-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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