ProCon Wind Energy A/S — Credit Rating and Financial Key Figures

CVR number: 40107533
Ankeret 5 B, 9220 Aalborg Øst
mail@procon.as
tel: 41525300
www.procon.as

Credit rating

Company information

Official name
ProCon Wind Energy A/S
Personnel
37 persons
Established
2018
Company form
Limited company
Industry

About ProCon Wind Energy A/S

ProCon Wind Energy A/S (CVR number: 40107533) is a company from AALBORG. The company recorded a gross profit of 39.2 mDKK in 2023. The operating profit was 5336.1 kDKK, while net earnings were 2269.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ProCon Wind Energy A/S's liquidity measured by quick ratio was 3.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit28 768.6836 580.3139 184.20
EBIT4 992.001 256.00- 583.009 776.825 336.08
Net earnings2 867.0022.00-1 699.006 880.682 269.68
Shareholders equity total30 367.0030 927.0054 879.0061 674.9166 322.40
Balance sheet total (assets)55 804.0066 182.0092 420.0096 697.8087 176.37
Net debt13 031.289 489.354 188.32
Profitability
EBIT-%
ROA9.0 %2.1 %-0.7 %11.5 %6.7 %
ROE9.4 %0.1 %-4.0 %11.8 %3.5 %
ROI10.9 %2.2 %-0.7 %13.0 %8.3 %
Economic value added (EVA)3 760.88- 250.31-2 137.084 845.371 015.12
Solvency
Equity ratio54.4 %100.0 %100.0 %63.8 %76.1 %
Gearing44.0 %19.6 %6.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.32.33.8
Current ratio1.32.33.8
Cash and cash equivalents342.332 597.048.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBAAAAAA

Variable visualization

ROA:6.67%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.1%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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