Why Not Wine I ApS — Credit Rating and Financial Key Figures

CVR number: 38832174
Frederiksgade 19, 1265 København K
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Company information

Official name
Why Not Wine I ApS
Established
2017
Company form
Private limited company
Industry

About Why Not Wine I ApS

Why Not Wine I ApS (CVR number: 38832174) is a company from KØBENHAVN. The company recorded a gross profit of -11.9 kDKK in 2023. The operating profit was -11.9 kDKK, while net earnings were -24.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.5 %, which can be considered poor and Return on Equity (ROE) was -11.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 92.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Why Not Wine I ApS's liquidity measured by quick ratio was 13.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-1.77-1.77-1.77-1.62-11.89
EBIT-1.77-1.77-1.77-1.62-11.89
Net earnings-3.03-0.9975.593.64-24.35
Shareholders equity total139.56138.57214.16217.80193.45
Balance sheet total (assets)142.06141.07216.66220.30208.42
Net debt-0.38-0.38-0.38-0.33- 197.16
Profitability
EBIT-%
ROA-1.2 %-0.7 %42.3 %1.7 %-5.5 %
ROE-2.1 %-0.7 %42.9 %1.7 %-11.8 %
ROI-1.3 %-0.7 %42.9 %1.7 %-5.8 %
Economic value added (EVA)-8.94-8.76-1.82-1.58-8.32
Solvency
Equity ratio98.2 %98.2 %98.8 %98.9 %92.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.21.50.80.113.9
Current ratio2.21.50.80.113.9
Cash and cash equivalents0.380.380.380.33197.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBC

Variable visualization

ROA:-5.55%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.8%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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