Empirical Spirits ApS — Credit Rating and Financial Key Figures

CVR number: 40243682
Strandagervej 3, 4040 Jyllinge
frederik@empirical.co
tel: 53528232

Company information

Official name
Empirical Spirits ApS
Established
2019
Company form
Private limited company
Industry

About Empirical Spirits ApS

Empirical Spirits ApS (CVR number: 40243682) is a company from ROSKILDE. The company recorded a gross profit of 420.9 kDKK in 2022. The operating profit was -112.4 kDKK, while net earnings were -132.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.9 %, which can be considered poor and Return on Equity (ROE) was -33.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.1 %, 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. Empirical Spirits ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
Volume
Net sales
Gross profit-18.03- 398.72- 188.03420.93
EBIT- 329.42- 398.72- 632.90- 112.43
Net earnings- 330.67- 401.99- 635.08- 132.60
Shareholders equity total- 280.67117.34467.26334.66
Balance sheet total (assets)677.91144.30501.911 110.13
Net debt398.41-63.27- 483.30- 302.10
Profitability
EBIT-%
ROA-34.4 %-72.3 %-195.3 %-13.9 %
ROE-48.8 %-101.1 %-217.3 %-33.1 %
ROI-34.9 %-74.9 %-215.5 %-14.4 %
Economic value added (EVA)- 329.42- 357.16- 635.47- 111.59
Solvency
Equity ratio-29.3 %81.3 %93.1 %30.1 %
Gearing-336.6 %2.5 %0.1 %226.0 %
Relative net indebtedness %
Liquidity
Quick ratio49.35.414.51.4
Current ratio49.35.414.51.4
Cash and cash equivalents546.4266.19483.961 058.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBCBB

Variable visualization

ROA:-13.9%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.1%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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