FONVAD VINDMØLLEUDVIKLING ApS — Credit Rating and Financial Key Figures

FONVAD VINDMØLLEUDVIKLING ApS (CVR number: 36031875) is a company from HERNING. The company recorded a gross profit of -4.1 kDKK in 2019. The operating profit was -4.1 kDKK, while net earnings were -4.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24 %, which can be considered poor and Return on Equity (ROE) was -50.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.4 %, 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. FONVAD VINDMØLLEUDVIKLING ApS'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.