EUROPEAN WIND FARMS GREECE ApS — Credit Rating and Financial Key Figures

CVR number: 29687102
Gyngemose Parkvej 50, 2860 Søborg
sts@ewf-dk.dk
tel: 88708215

Credit rating

Company information

Official name
EUROPEAN WIND FARMS GREECE ApS
Established
2006
Company form
Private limited company
Industry

About EUROPEAN WIND FARMS GREECE ApS

EUROPEAN WIND FARMS GREECE ApS (CVR number: 29687102) is a company from GLADSAXE. The company recorded a gross profit of -157.6 kEUR in 2023. The operating profit was -157.6 kEUR, while net earnings were -543.9 kEUR. The profitability of the company measured by Return on Assets (ROA) was -10.8 %, which can be considered poor and Return on Equity (ROE) was -12.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -4.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. EUROPEAN WIND FARMS GREECE ApS's liquidity measured by quick ratio was 1.5 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 (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-2.00- 230.22-55.70-17.09- 157.62
EBIT-2.00- 230.22-55.70-17.09- 157.62
Net earnings-22.53- 223.83- 346.06-1 217.12- 543.91
Shareholders equity total-4.71- 228.54-74.60-1 291.72- 235.63
Balance sheet total (assets)104.691 345.463 345.123 975.604 621.74
Net debt85.141 571.913 404.443 862.992 858.18
Profitability
EBIT-%
ROA-3.0 %-28.4 %-10.8 %-26.8 %-10.8 %
ROE-36.8 %-30.9 %-14.8 %-33.3 %-12.7 %
ROI-3.7 %-28.9 %-10.9 %-27.1 %-11.4 %
Economic value added (EVA)-2.89- 178.42-3.4226.326.68
Solvency
Equity ratio-4.3 %-14.5 %-2.2 %-24.5 %-4.9 %
Gearing-1806.8 %-688.2 %-4582.3 %-327.4 %-1371.8 %
Relative net indebtedness %
Liquidity
Quick ratio49.432.43.31.5
Current ratio49.432.43.31.5
Cash and cash equivalents0.8414.11365.61374.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-10.8%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-4.85%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer

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