VINDENERGI DANMARK AMBA — Credit Rating and Financial Key Figures
Credit rating
Company information
About VINDENERGI DANMARK AMBA
VINDENERGI DANMARK AMBA (CVR number: 21973505) is a company from AARHUS. The company reported a net sales of 2605.8 mDKK in 2023, demonstrating a decline of -21.4 % compared to the previous year. The operating profit percentage was at 4.9 % (EBIT: 127 mDKK), while net earnings were 107.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 22.2 %, which can be considered excellent and Return on Equity (ROE) was 46.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.8 %, 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. VINDENERGI DANMARK AMBA's liquidity measured by quick ratio was 1.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 813.50 | 1 102.22 | 1 468.86 | 3 313.61 | 2 605.78 |
Gross profit | 14.50 | 11.97 | 30.50 | 124.64 | 142.00 |
EBIT | 6.89 | 3.63 | 21.87 | 111.67 | 127.02 |
Net earnings | 5.24 | 2.81 | 16.06 | 83.14 | 107.42 |
Shareholders equity total | 68.10 | 71.32 | 83.08 | 199.61 | 260.49 |
Balance sheet total (assets) | 319.40 | 221.45 | 320.02 | 603.41 | 638.32 |
Net debt | - 205.84 | - 400.82 | |||
Profitability | |||||
EBIT-% | 0.4 % | 0.3 % | 1.5 % | 3.4 % | 4.9 % |
ROA | 2.2 % | 1.3 % | 8.1 % | 24.3 % | 22.2 % |
ROE | 8.0 % | 4.0 % | 20.8 % | 58.8 % | 46.7 % |
ROI | 2.2 % | 1.3 % | 8.1 % | 42.5 % | 58.4 % |
Economic value added (EVA) | 3.70 | 0.20 | 18.29 | 82.89 | 105.84 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 33.1 % | 41.8 % |
Gearing | 0.0 % | 0.5 % | |||
Relative net indebtedness % | 5.7 % | -1.0 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.8 | |||
Current ratio | 1.5 | 1.7 | |||
Cash and cash equivalents | 205.90 | 402.09 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.2 | 31.8 | |||
Net working capital % | 4.3 % | 7.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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