VING-FOREL ApS — Credit Rating and Financial Key Figures

CVR number: 22050613
Skyttevej 9-11, Vingsted 7182 Bredsten
tel: 75864020
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Company information

Official name
VING-FOREL ApS
Personnel
1 person
Established
1969
Domicile
Vingsted
Company form
Private limited company
Industry

About VING-FOREL ApS

VING-FOREL ApS (CVR number: 22050613) is a company from VEJLE. The company recorded a gross profit of -86.5 kDKK in 2024. The operating profit was -470.2 kDKK, while net earnings were -428.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.7 %, which can be considered poor and Return on Equity (ROE) was -32.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.4 %, 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. VING-FOREL ApS's liquidity measured by quick ratio was 2.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit100.4936.43- 140.75- 102.44-86.51
EBIT- 439.47- 528.68- 508.31- 463.72- 470.22
Net earnings- 430.31- 486.82- 526.63- 457.99- 428.71
Shareholders equity total3 003.642 516.821 990.201 532.201 103.50
Balance sheet total (assets)6 375.135 674.525 069.264 657.274 182.41
Net debt-1 893.82-1 351.08- 905.85- 583.34- 373.01
Profitability
EBIT-%
ROA-6.4 %-7.9 %-9.4 %-8.9 %-9.7 %
ROE-13.4 %-17.6 %-23.4 %-26.0 %-32.5 %
ROI-6.7 %-8.2 %-9.8 %-9.3 %-10.1 %
Economic value added (EVA)- 612.02- 679.61- 634.78- 563.73- 550.91
Solvency
Equity ratio47.1 %44.4 %39.3 %32.9 %26.4 %
Gearing4.8 %4.3 %
Relative net indebtedness %
Liquidity
Quick ratio5.09.54.72.72.2
Current ratio5.19.54.72.72.2
Cash and cash equivalents1 893.821 351.08905.85656.78420.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-9.69%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.4%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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