VINGROTTEN A/S — Credit Rating and Financial Key Figures

CVR number: 12239335
Sauntevej 10, 3100 Hornbæk

Company information

Official name
VINGROTTEN A/S
Established
1988
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales124.80
Gross profit-27.92- 133.26-15.59-66.58- 283.95
EBIT-27.92- 153.26-35.59-66.58- 283.95
Net earnings1 333.92297.601 744.42- 523.631 303.51
Shareholders equity total11 240.0711 337.6812 682.1011 708.4712 611.98
Balance sheet total (assets)15 356.2815 296.6216 784.5915 049.6816 222.33
Net debt-9 600.42-9 718.49-11 185.09-9 860.84-11 124.84
Profitability
EBIT-%-22.4 %
ROA11.9 %5.4 %14.9 %6.7 %11.9 %
ROE12.3 %2.6 %14.5 %-4.3 %10.7 %
ROI12.0 %5.5 %15.1 %6.8 %12.1 %
Economic value added (EVA)72.26-11.1573.7057.23- 151.43
Solvency
Equity ratio73.3 %74.3 %75.7 %78.0 %77.9 %
Gearing33.8 %32.1 %29.0 %27.7 %25.2 %
Relative net indebtedness %-7589.0 %
Liquidity
Quick ratio3.43.63.84.04.2
Current ratio3.43.53.84.04.2
Cash and cash equivalents13 396.2813 356.6214 864.5913 102.7714 302.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-2655.2 %
Credit risk
Credit ratingAABBBABBBA

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.9%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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