Zealand offshore wind & construction APS — Credit Rating and Financial Key Figures

Zealand offshore wind & construction APS (CVR number: 36736666) is a company from ODSHERRED. The company recorded a gross profit of 189.1 kDKK in 2023. The operating profit was 121 kDKK, while net earnings were 144.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.3 %, which can be considered excellent and Return on Equity (ROE) was 35 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.1 %, 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. Zealand offshore wind & construction APS's liquidity measured by quick ratio was 2.3 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.