Limfjordens Vindkraft ApS

CVR number: 38367803
Østre Havnegade 12, 9000 Aalborg

Credit rating

Company information

Official name
Limfjordens Vindkraft ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About Limfjordens Vindkraft ApS

Limfjordens Vindkraft ApS (CVR number: 38367803) is a company from AALBORG. The company recorded a gross profit of -30.9 kDKK in 2020. The operating profit was -30.9 kDKK, while net earnings were 2183.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.7 %, which can be considered excellent and Return on Equity (ROE) was 142.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.4 %, 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. Limfjordens Vindkraft ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017201820192020
Volume
Net sales
Gross profit-29.98266.93267.00-30.86
EBIT-29.98266.93267.00-30.86
Net earnings-49.48195.98198.272 183.12
Shareholders equity total50.52246.51444.782 627.90
Balance sheet total (assets)1 733.191 768.682 698.1515 067.16
Net debt1 202.571 070.621 912.2712 245.32
Profitability
EBIT-%
ROA-0.3 %16.3 %12.0 %25.7 %
ROE-97.9 %132.0 %57.4 %142.1 %
ROI-0.4 %21.7 %13.8 %25.9 %
Economic value added (EVA)-24.10243.30231.18-1.29
Solvency
Equity ratio2.9 %13.9 %16.5 %17.4 %
Gearing2477.1 %435.4 %474.5 %472.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.91.2
Current ratio0.60.70.91.2
Cash and cash equivalents48.942.63198.15178.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:25.7%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.4%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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