VIN & VIN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VIN & VIN ApS
VIN & VIN ApS (CVR number: 32075126) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -21.5 kDKK in 2023. The operating profit was -21.5 kDKK, while net earnings were -9.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.3 %, which can be considered poor and Return on Equity (ROE) was -7.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.9 %, 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. VIN & VIN ApS's liquidity measured by quick ratio was 3 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 | |||||
Gross profit | 512.08 | 5.36 | -9.37 | 14.57 | -21.46 |
EBIT | 175.67 | 5.36 | -9.37 | 14.57 | -21.46 |
Net earnings | 124.76 | 5.06 | -4.00 | 11.00 | -9.94 |
Shareholders equity total | 475.18 | 180.24 | 176.24 | 137.24 | 127.30 |
Balance sheet total (assets) | 1 069.75 | 1 027.75 | 214.16 | 216.46 | 190.39 |
Net debt | 69.29 | 659.93 | - 158.77 | 32.06 | 12.91 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.1 % | 2.5 % | -0.6 % | 6.8 % | -6.3 % |
ROE | 25.4 % | 1.5 % | -2.2 % | 7.0 % | -7.5 % |
ROI | 14.8 % | 2.9 % | -0.7 % | 8.2 % | -8.0 % |
Economic value added (EVA) | 151.47 | -1.56 | -10.42 | 10.49 | -23.30 |
Solvency | |||||
Equity ratio | 44.4 % | 17.5 % | 82.3 % | 63.4 % | 66.9 % |
Gearing | 90.2 % | 431.7 % | 27.9 % | 10.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.2 | 5.6 | 2.9 | 3.0 |
Current ratio | 1.8 | 1.2 | 5.6 | 2.9 | 3.0 |
Cash and cash equivalents | 359.19 | 118.24 | 158.77 | 6.23 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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