VINGROTTEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About VINGROTTEN A/S
VINGROTTEN A/S (CVR number: 12239335) is a company from HELSINGØR. The company recorded a gross profit of -283.9 kDKK in 2023. The operating profit was -283.9 kDKK, while net earnings were 1303.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 77.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VINGROTTEN A/S's liquidity measured by quick ratio was 4.2 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 | 124.80 | ||||
Gross profit | -27.92 | - 133.26 | -15.59 | -66.58 | - 283.95 |
EBIT | -27.92 | - 153.26 | -35.59 | -66.58 | - 283.95 |
Net earnings | 1 333.92 | 297.60 | 1 744.42 | - 523.63 | 1 303.51 |
Shareholders equity total | 11 240.07 | 11 337.68 | 12 682.10 | 11 708.47 | 12 611.98 |
Balance sheet total (assets) | 15 356.28 | 15 296.62 | 16 784.59 | 15 049.68 | 16 222.33 |
Net debt | -9 600.42 | -9 718.49 | -11 185.09 | -9 860.84 | -11 124.84 |
Profitability | |||||
EBIT-% | -22.4 % | ||||
ROA | 11.9 % | 5.4 % | 14.9 % | 6.7 % | 11.9 % |
ROE | 12.3 % | 2.6 % | 14.5 % | -4.3 % | 10.7 % |
ROI | 12.0 % | 5.5 % | 15.1 % | 6.8 % | 12.1 % |
Economic value added (EVA) | 72.26 | -11.15 | 73.70 | 57.23 | - 151.43 |
Solvency | |||||
Equity ratio | 73.3 % | 74.3 % | 75.7 % | 78.0 % | 77.9 % |
Gearing | 33.8 % | 32.1 % | 29.0 % | 27.7 % | 25.2 % |
Relative net indebtedness % | -7589.0 % | ||||
Liquidity | |||||
Quick ratio | 3.4 | 3.6 | 3.8 | 4.0 | 4.2 |
Current ratio | 3.4 | 3.5 | 3.8 | 4.0 | 4.2 |
Cash and cash equivalents | 13 396.28 | 13 356.62 | 14 864.59 | 13 102.77 | 14 302.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -2655.2 % | ||||
Credit risk | |||||
Credit rating | AA | BBB | A | BBB | A |
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