K/S VINDINVEST 21
Credit rating
Company information
About K/S VINDINVEST 21
K/S VINDINVEST 21 (CVR number: 31077044) is a company from ROSKILDE. The company reported a net sales of 0.2 mEUR in 2023, demonstrating a decline of -34.4 % compared to the previous year. The operating profit percentage was poor at -68.2 % (EBIT: -0.1 mEUR), while net earnings were -149 kEUR. The profitability of the company measured by Return on Assets (ROA) was -24.2 %, which can be considered poor and Return on Equity (ROE) was -32.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.2 %, 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. K/S VINDINVEST 21's liquidity measured by quick ratio was 47.9 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 financialsNet sales (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 252.98 | 263.96 | 234.86 | 319.67 | 209.61 |
Gross profit | 174.11 | 175.09 | 132.55 | 237.39 | -15.70 |
EBIT | 46.84 | 47.82 | 5.28 | 110.13 | - 142.96 |
Net earnings | 32.23 | 39.29 | -2.15 | 90.70 | - 148.97 |
Shareholders equity total | 594.83 | 634.12 | 545.84 | 504.16 | 407.58 |
Balance sheet total (assets) | 858.25 | 726.53 | 634.87 | 624.00 | 549.22 |
Net debt | 124.43 | -75.47 | -86.63 | - 218.59 | - 131.29 |
Profitability | |||||
EBIT-% | 18.5 % | 18.1 % | 2.2 % | 34.4 % | -68.2 % |
ROA | 5.3 % | 6.0 % | 0.8 % | 17.5 % | -24.2 % |
ROE | 5.6 % | 6.4 % | -0.4 % | 17.3 % | -32.7 % |
ROI | 5.3 % | 6.1 % | 0.8 % | 18.6 % | -26.0 % |
Economic value added (EVA) | 18.60 | 20.55 | -22.09 | 75.39 | - 157.19 |
Solvency | |||||
Equity ratio | 69.3 % | 87.3 % | 86.0 % | 80.8 % | 74.2 % |
Gearing | 29.7 % | 2.2 % | 0.5 % | ||
Relative net indebtedness % | 52.5 % | -28.5 % | -32.3 % | -48.7 % | -53.9 % |
Liquidity | |||||
Quick ratio | 0.6 | 7.5 | 13.3 | 4.8 | 47.9 |
Current ratio | 0.6 | 7.5 | 13.3 | 4.8 | 47.9 |
Cash and cash equivalents | 52.20 | 89.39 | 86.63 | 221.09 | 131.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 27.2 | 19.6 | 77.9 | 34.0 | 21.1 |
Net working capital % | -29.6 % | 34.8 % | 55.7 % | 63.8 % | 145.0 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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