VINK NORDIC HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 16453617
Kristrup Engvej 9, 8960 Randers SØ
vink@inet.uni-c.dk
tel: 89110100

Company information

Official name
VINK NORDIC HOLDING ApS
Established
1968
Company form
Private limited company
Industry

About VINK NORDIC HOLDING ApS

VINK NORDIC HOLDING ApS (CVR number: 16453617K) is a company from RANDERS. The company reported a net sales of 1191.6 mDKK in 2023, demonstrating a decline of -5.5 % compared to the previous year. The operating profit percentage was at 6.4 % (EBIT: 75.9 mDKK), while net earnings were 57.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 28.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VINK NORDIC HOLDING ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 031.541 043.081 165.051 261.261 191.56
Gross profit1 031.541 043.08324.69343.50320.43
EBIT1 031.541 043.0895.43109.1775.95
Net earnings41.4852.3375.8284.3157.88
Shareholders equity total248.76284.77267.80199.12209.03
Balance sheet total (assets)527.22588.19594.91640.99579.69
Net debt- 147.53-64.2648.4514.83
Profitability
EBIT-%100.0 %100.0 %8.2 %8.7 %6.4 %
ROA208.7 %187.0 %16.6 %17.8 %12.8 %
ROE18.2 %19.6 %27.4 %36.1 %28.4 %
ROI208.7 %187.0 %20.8 %29.9 %21.5 %
Economic value added (EVA)1 021.151 030.5869.0481.1257.12
Solvency
Equity ratio100.0 %100.0 %45.0 %31.1 %36.1 %
Gearing26.0 %84.1 %62.1 %
Relative net indebtedness %-14.1 %16.3 %25.3 %21.2 %
Liquidity
Quick ratio1.30.90.9
Current ratio1.91.41.3
Cash and cash equivalents147.53133.83119.06114.99
Capital use efficiency
Trade debtors turnover (days)44.441.543.5
Net working capital %14.1 %19.6 %11.7 %9.7 %
Credit risk
Credit ratingBBBBBBAAAAAA

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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