EUROPEAN WIND FARMS A/S — Credit Rating and Financial Key Figures

CVR number: 28501838
Gyngemose Parkvej 50, 2860 Søborg
tel: 86708216
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Credit rating

Company information

Official name
EUROPEAN WIND FARMS A/S
Established
2005
Company form
Limited company
Industry

About EUROPEAN WIND FARMS A/S

EUROPEAN WIND FARMS A/S (CVR number: 28501838) is a company from GLADSAXE. The company recorded a gross profit of -29.8 kEUR in 2024. The operating profit was -29.8 kEUR, while net earnings were -239.8 kEUR. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was -20.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 5.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. EUROPEAN WIND FARMS A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit11.522.57-3.532.06-29.82
EBIT11.522.57-3.532.06-29.82
Net earnings347.45- 121.65-6.911 097.13- 239.83
Shareholders equity total6 730.593 371.943 371.861 320.591 004.00
Balance sheet total (assets)10 956.209 032.3912 171.2215 302.4119 525.78
Net debt- 705.20692.67-2 270.612 690.002 918.62
Profitability
EBIT-%
ROA11.1 %1.3 %8.0 %12.5 %6.0 %
ROE5.3 %-2.4 %-0.2 %46.8 %-20.6 %
ROI11.1 %1.3 %8.2 %13.1 %6.3 %
Economic value added (EVA)- 413.37- 543.17- 453.23- 581.62- 750.15
Solvency
Equity ratio61.4 %37.3 %27.7 %8.6 %5.1 %
Gearing1.3 %32.0 %31.6 %235.8 %347.1 %
Relative net indebtedness %
Liquidity
Quick ratio4.03.86.03.10.7
Current ratio4.03.86.03.10.7
Cash and cash equivalents793.44384.763 335.84423.76565.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:5.99%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.14%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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