Cadeler A/S

Oslo Stock Exchange CADLR.OL

Cadeler A/S Interest Coverage Ratio for the year ending December 31, 2023: 5.00

Cadeler A/S Interest Coverage Ratio is 5.00 for the year ending December 31, 2023, a -79.39% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Cadeler A/S Interest Coverage Ratio for the year ending December 31, 2022 was 24.24, a 666.85% change year over year.
Cadeler A/S Interest Coverage Ratio for the year ending December 31, 2021 was 3.16, a 159.67% change year over year.
Cadeler A/S Interest Coverage Ratio for the year ending December 31, 2020 was -5.30, a -20.88% change year over year.
Cadeler A/S Interest Coverage Ratio for the year ending December 31, 2019 was -4.38, a -2,466.14% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Oslo Stock Exchange: CADLR.OL

Cadeler A/S

CEO	Mr. Mikkel Gleerup
IPO Date	Nov. 27, 2020
Location	Denmark
Headquarters	Fairway House
Employees	573
Sector	Energy
Industries Offshore Drilling Construction Renewables Wind Energy

Description

Cadeler A/S operates as an offshore wind farm transportation and installation contractor in Denmark. The company also provides wind farm maintenance, construction, decommissioning, and other tasks within the offshore industry. It owns and operates two offshore jack-up windfarm installation vessels. The company was formerly known as Swire Blue Ocean A/S and changed its name to Cadeler A/S in October 2020. Cadeler A/S was founded in 2008 and is headquartered in Copenhagen, Denmark.

Key trends

Past 5 years