GLOBAL WIND SERVICE PROPERTIES A/S — Credit Rating and Financial Key Figures

CVR number: 32346030
Strevelinsvej 28, 7000 Fredericia
jm@globalwindservice.com

Company information

Official name
GLOBAL WIND SERVICE PROPERTIES A/S
Established
2013
Company form
Limited company
Industry

About GLOBAL WIND SERVICE PROPERTIES A/S

GLOBAL WIND SERVICE PROPERTIES A/S (CVR number: 32346030) is a company from FREDERICIA. The company recorded a gross profit of 899 kDKK in 2023. The operating profit was 544.4 kDKK, while net earnings were -120.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 16.1 %, 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. GLOBAL WIND SERVICE PROPERTIES A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit1 485.99831.97546.41513.88898.99
EBIT1 042.30427.29196.03160.49544.36
Net earnings615.82104.38-67.25- 161.34- 120.88
Shareholders equity total4 020.064 124.444 057.203 895.863 774.98
Balance sheet total (assets)24 785.1724 474.0024 095.7024 609.6823 500.68
Net debt17 988.5517 676.2417 946.9417 874.4517 404.84
Profitability
EBIT-%
ROA4.2 %1.7 %0.8 %0.7 %2.3 %
ROE16.6 %2.6 %-1.6 %-4.1 %-3.2 %
ROI4.3 %1.8 %0.8 %0.7 %2.3 %
Economic value added (EVA)- 238.20- 695.93- 811.68- 794.86- 431.90
Solvency
Equity ratio16.5 %16.9 %16.8 %15.8 %16.1 %
Gearing447.5 %435.2 %442.3 %458.8 %461.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.10.20.0
Current ratio0.20.10.10.20.0
Cash and cash equivalents275.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.26%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.1%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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