Vindpark Handest Hede K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vindpark Handest Hede K/S
Vindpark Handest Hede K/S (CVR number: 38770020) is a company from MARIAGERFJORD. The company recorded a gross profit of 17.6 mDKK in 2023. The operating profit was 7266.1 kDKK, while net earnings were 6833.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. 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. Vindpark Handest Hede K/S's liquidity measured by quick ratio was 6.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 19 640.69 | 14 010.61 | 20 660.91 | 39 087.18 | 17 602.87 |
EBIT | 8 808.18 | 2 984.07 | 9 529.66 | 28 750.42 | 7 266.11 |
Net earnings | 4 205.35 | 1 677.36 | 8 252.86 | 27 355.27 | 6 833.30 |
Shareholders equity total | 75 387.07 | 77 064.43 | 77 881.30 | 105 236.57 | 112 069.87 |
Balance sheet total (assets) | 188 160.64 | 178 793.21 | 172 446.16 | 192 764.38 | 192 027.02 |
Net debt | 102 959.99 | 90 153.22 | 80 635.56 | 41 713.39 | 58 255.75 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.9 % | 2.0 % | 5.4 % | 15.7 % | 4.4 % |
ROE | 10.8 % | 2.2 % | 10.7 % | 29.9 % | 6.3 % |
ROI | 6.0 % | 2.0 % | 5.5 % | 15.9 % | 4.4 % |
Economic value added (EVA) | 3 071.39 | -4 353.28 | 2 576.27 | 21 854.52 | 1 318.44 |
Solvency | |||||
Equity ratio | 40.1 % | 43.1 % | 45.2 % | 54.6 % | 58.4 % |
Gearing | 146.5 % | 129.8 % | 118.8 % | 80.9 % | 69.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.9 | 2.0 | 5.1 | 6.1 |
Current ratio | 1.3 | 1.9 | 2.0 | 5.1 | 6.1 |
Cash and cash equivalents | 7 459.16 | 9 897.38 | 11 907.29 | 43 432.21 | 19 677.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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