VESTAS ASIA PACIFIC A/S

CVR number: 21109304
Hedeager 42, 8200 Aarhus N

Credit rating

Company information

Official name
VESTAS ASIA PACIFIC A/S
Established
1998
Company form
Limited company
Industry
  • Expand more icon82Office administrative, office support and other business support activities

About VESTAS ASIA PACIFIC A/S

VESTAS ASIA PACIFIC A/S (CVR number: 21109304) is a company from AARHUS. The company reported a net sales of 1072.7 mDKK in 2023, demonstrating a decline of -52.8 % compared to the previous year. The operating profit percentage was poor at -3.4 % (EBIT: -36 mDKK), while net earnings were 144.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 20.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.4 %, 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. VESTAS ASIA PACIFIC A/S's liquidity measured by quick ratio was 1.7 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales1 485.002 448.006 120.002 274.841 072.72
Gross profit14.00-22.0073.00-16.65-34.89
EBIT14.00-22.0073.00-21.46-36.03
Net earnings2.00188.00-8.00-1.57144.57
Shareholders equity total423.00627.00668.00637.12755.50
Balance sheet total (assets)1 555.002 889.001 954.001 542.891 386.99
Net debt4.59162.00
Profitability
EBIT-%0.9 %-0.9 %1.2 %-0.9 %-3.4 %
ROA0.8 %-1.0 %3.0 %5.0 %18.9 %
ROE0.3 %35.8 %-1.2 %-0.2 %20.8 %
ROI0.9 %-1.0 %3.0 %6.7 %33.6 %
Economic value added (EVA)42.96-43.2641.49-48.81-38.37
Solvency
Equity ratio100.0 %100.0 %100.0 %45.9 %58.4 %
Gearing0.9 %21.6 %
Relative net indebtedness %38.1 %54.5 %
Liquidity
Quick ratio1.21.7
Current ratio1.41.8
Cash and cash equivalents0.910.86
Capital use efficiency
Trade debtors turnover (days)10.88.1
Net working capital %13.8 %41.7 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:18.9%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.4%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:17.428Z

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