RareWine ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RareWine ApS
RareWine ApS (CVR number: 41016221) is a company from AALBORG. The company reported a net sales of 500.4 mDKK in 2024, demonstrating a decline of -37.2 % compared to the previous year. The operating profit percentage was at 0.5 % (EBIT: 2.7 mDKK), while net earnings were -10.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -12 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.1 %, 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. RareWine ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 636.59 | 881.77 | 766.99 | 796.36 | 500.39 |
| Gross profit | 28.47 | 69.59 | 37.10 | 29.23 | 20.49 |
| EBIT | 9.89 | 53.18 | 15.28 | 9.91 | 2.70 |
| Net earnings | 3.19 | 34.54 | 10.59 | -8.52 | -10.66 |
| Shareholders equity total | 57.48 | 93.52 | 102.63 | 94.11 | 83.45 |
| Balance sheet total (assets) | 219.38 | 382.47 | 574.95 | 381.96 | 346.96 |
| Net debt | 113.87 | 244.98 | 420.62 | 258.80 | 244.12 |
| Profitability | |||||
| EBIT-% | 1.6 % | 6.0 % | 2.0 % | 1.2 % | 0.5 % |
| ROA | 5.5 % | 17.9 % | 4.2 % | 2.3 % | 1.0 % |
| ROE | 5.7 % | 45.7 % | 10.8 % | -8.7 % | -12.0 % |
| ROI | 6.5 % | 20.4 % | 4.6 % | 2.5 % | 1.1 % |
| Economic value added (EVA) | 1.13 | 31.81 | -5.24 | -15.25 | -15.58 |
| Solvency | |||||
| Equity ratio | 26.2 % | 24.5 % | 17.9 % | 24.6 % | 24.1 % |
| Gearing | 229.1 % | 262.0 % | 411.3 % | 275.0 % | 293.0 % |
| Relative net indebtedness % | 22.5 % | 32.8 % | 61.4 % | 36.1 % | 52.5 % |
| Liquidity | |||||
| Quick ratio | 0.4 | 0.1 | 0.2 | 0.5 | 0.5 |
| Current ratio | 1.7 | 1.4 | 1.2 | 1.3 | 1.3 |
| Cash and cash equivalents | 17.81 | 0.05 | 1.49 | 0.37 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 0.4 | 0.3 | 1.7 | 0.1 | 0.4 |
| Net working capital % | 13.5 % | 10.9 % | 12.3 % | 10.8 % | 15.5 % |
| Credit risk | |||||
| Credit rating | AA | AA | AA | A | A |
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