VINSPECIALISTEN MIDDELFART ApS — Credit Rating and Financial Key Figures

CVR number: 26143764
Østergade 7, 5500 Middelfart
middelfart@vinspecialisten.dk
tel: 24215906

Credit rating

Company information

Official name
VINSPECIALISTEN MIDDELFART ApS
Personnel
3 persons
Established
2001
Company form
Private limited company
Industry

About VINSPECIALISTEN MIDDELFART ApS

VINSPECIALISTEN MIDDELFART ApS (CVR number: 26143764) is a company from MIDDELFART. The company recorded a gross profit of 992.7 kDKK in 2023. The operating profit was 97.1 kDKK, while net earnings were 56.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 30.5 %, 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. VINSPECIALISTEN MIDDELFART ApS's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit774.94938.46866.15982.80992.70
EBIT191.01355.59165.26182.5197.14
Net earnings163.43259.38112.55123.7256.64
Shareholders equity total212.82472.20334.76458.47515.11
Balance sheet total (assets)1 212.031 938.971 906.251 689.351 687.65
Net debt- 458.92-1 080.20- 740.60- 688.03- 621.93
Profitability
EBIT-%
ROA17.4 %22.6 %8.6 %10.2 %5.8 %
ROE124.7 %75.7 %27.9 %31.2 %11.6 %
ROI119.7 %99.3 %34.8 %32.9 %16.2 %
Economic value added (EVA)191.46287.31159.43169.8896.06
Solvency
Equity ratio17.6 %24.4 %17.6 %27.1 %30.5 %
Gearing12.7 %0.5 %42.4 %38.0 %9.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.90.80.80.7
Current ratio1.21.31.21.31.4
Cash and cash equivalents486.031 082.67882.48862.33670.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:5.75%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.5%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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