FWE WINDPARK WITTSTEDT K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FWE WINDPARK WITTSTEDT K/S
FWE WINDPARK WITTSTEDT K/S (CVR number: 30529049) is a company from GLADSAXE. The company recorded a gross profit of -99.1 kEUR in 2023. The operating profit was -123.2 kEUR, while net earnings were -105.7 kEUR. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -31.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -92.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. FWE WINDPARK WITTSTEDT K/S's liquidity measured by quick ratio was 6.1 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 188.61 | 91.88 | 94.50 | 72.45 | -99.08 |
EBIT | -37.32 | - 744.58 | 153.05 | 140.99 | - 123.23 |
Net earnings | - 235.79 | - 811.48 | 88.76 | 120.84 | - 105.69 |
Shareholders equity total | 1 345.28 | -4 321.37 | -4 232.60 | -4 111.76 | -4 217.44 |
Balance sheet total (assets) | 6 276.78 | 264.87 | 410.44 | 316.74 | 346.04 |
Net debt | 4 378.56 | 4 454.60 | 4 435.86 | 4 349.90 | 4 463.77 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.6 % | -13.7 % | 3.3 % | 3.1 % | -2.7 % |
ROE | -18.1 % | -100.8 % | 26.3 % | 33.2 % | -31.9 % |
ROI | -0.6 % | -13.8 % | 3.3 % | 3.1 % | -2.7 % |
Economic value added (EVA) | 138.82 | - 444.19 | 355.51 | 341.30 | 101.07 |
Solvency | |||||
Equity ratio | 21.4 % | -94.2 % | -91.2 % | -92.8 % | -92.4 % |
Gearing | 360.9 % | -104.6 % | -108.3 % | -106.3 % | -106.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 6.2 | 11.3 | 4.8 | 6.1 |
Current ratio | 1.1 | 6.2 | 11.3 | 4.8 | 6.1 |
Cash and cash equivalents | 476.60 | 67.21 | 149.25 | 20.42 | 37.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BB |
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