K/S VINDINVEST 26 — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S VINDINVEST 26
K/S VINDINVEST 26 (CVR number: 31078199) is a company from ROSKILDE. The company reported a net sales of 0.2 mEUR in 2023, demonstrating a decline of -20.9 % compared to the previous year. The operating profit percentage was poor at -19.6 % (EBIT: -0 mEUR), while net earnings were -43.9 kEUR. The profitability of the company measured by Return on Assets (ROA) was -12.2 %, which can be considered poor and Return on Equity (ROE) was -15.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K/S VINDINVEST 26's liquidity measured by quick ratio was 7.3 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 | 260.53 | 267.76 | 254.31 | 282.56 | 223.38 |
Gross profit | 152.97 | 139.68 | 124.37 | 152.24 | 88.12 |
EBIT | 21.13 | 7.83 | -7.47 | 20.39 | -43.72 |
Net earnings | 13.46 | 3.14 | -12.60 | 16.03 | -43.92 |
Shareholders equity total | 565.18 | 568.31 | 530.67 | 307.56 | 263.64 |
Balance sheet total (assets) | 661.61 | 659.30 | 621.33 | 347.32 | 305.59 |
Net debt | -24.55 | - 188.12 | - 234.25 | - 197.91 | - 233.10 |
Profitability | |||||
EBIT-% | 8.1 % | 2.9 % | -2.9 % | 7.2 % | -19.6 % |
ROA | 3.0 % | 1.2 % | -1.2 % | 4.3 % | -12.2 % |
ROE | 2.6 % | 0.6 % | -2.3 % | 3.8 % | -15.4 % |
ROI | 3.4 % | 1.4 % | -1.3 % | 4.9 % | -13.1 % |
Economic value added (EVA) | -2.36 | -19.33 | -26.58 | 6.31 | -49.17 |
Solvency | |||||
Equity ratio | 85.4 % | 86.2 % | 85.4 % | 88.6 % | 86.3 % |
Gearing | 3.1 % | 0.4 % | 12.8 % | ||
Relative net indebtedness % | 27.6 % | -36.3 % | -62.9 % | -56.4 % | -100.6 % |
Liquidity | |||||
Quick ratio | 1.4 | 2.9 | 3.9 | 5.4 | 7.3 |
Current ratio | 1.4 | 2.9 | 3.9 | 5.4 | 7.3 |
Cash and cash equivalents | 24.55 | 188.12 | 250.58 | 199.16 | 266.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 71.6 | 20.1 | 76.5 | 16.7 | 26.1 |
Net working capital % | 14.5 % | 64.5 % | 105.0 % | 62.2 % | 118.0 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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