K/S VINDINVEST 22 — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S VINDINVEST 22
K/S VINDINVEST 22 (CVR number: 31077060) is a company from ROSKILDE. The company reported a net sales of 0.2 mEUR in 2023, demonstrating a decline of -35.8 % compared to the previous year. The operating profit percentage was poor at -55.3 % (EBIT: -0.1 mEUR), while net earnings were -105.2 kEUR. The profitability of the company measured by Return on Assets (ROA) was -15.5 %, which can be considered poor and Return on Equity (ROE) was -18.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K/S VINDINVEST 22's liquidity measured by quick ratio was 4.9 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 | 275.80 | 277.86 | 253.00 | 277.13 | 177.88 |
Gross profit | 202.72 | 178.86 | 136.57 | 150.03 | 15.87 |
EBIT | -2.42 | 51.61 | 22.30 | 35.76 | -98.40 |
Net earnings | -28.72 | 30.62 | -4.65 | 29.60 | - 105.19 |
Shareholders equity total | 388.06 | 418.68 | 616.74 | 617.19 | 541.15 |
Balance sheet total (assets) | 936.97 | 799.06 | 640.08 | 671.54 | 592.33 |
Net debt | 446.98 | 252.15 | -4.80 | - 194.33 | - 215.07 |
Profitability | |||||
EBIT-% | -0.9 % | 18.6 % | 8.8 % | 12.9 % | -55.3 % |
ROA | -0.2 % | 5.9 % | 3.1 % | 5.5 % | -15.5 % |
ROE | -7.1 % | 7.6 % | -0.9 % | 4.8 % | -18.2 % |
ROI | -0.2 % | 6.2 % | 3.2 % | 5.7 % | -16.7 % |
Economic value added (EVA) | -46.34 | 18.04 | -9.49 | 6.23 | - 119.20 |
Solvency | |||||
Equity ratio | 41.4 % | 52.4 % | 96.4 % | 91.9 % | 91.4 % |
Gearing | 132.6 % | 83.0 % | 0.2 % | 0.4 % | |
Relative net indebtedness % | 174.5 % | 102.6 % | 6.8 % | -54.6 % | -92.2 % |
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 2.9 | 4.7 | 4.9 |
Current ratio | 0.6 | 0.6 | 2.9 | 4.7 | 4.9 |
Cash and cash equivalents | 67.53 | 95.35 | 6.05 | 196.83 | 215.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 73.2 | 22.7 | 74.0 | 7.2 | 27.0 |
Net working capital % | -28.0 % | -31.1 % | 17.9 % | 61.0 % | 111.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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