WING FOODS A/S — Credit Rating and Financial Key Figures

CVR number: 34089175
Hjortehegnet 8, 2800 Kongens Lyngby
info@wingfoods.dk
tel: 61337986
https://www.wingfoods.dk/

Company information

Official name
WING FOODS A/S
Personnel
25 persons
Established
2011
Company form
Limited company
Industry

About WING FOODS A/S

WING FOODS A/S (CVR number: 34089175) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 31.4 mDKK in 2023. The operating profit was 18.9 mDKK, while net earnings were 13.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 22.3 %, which can be considered excellent and Return on Equity (ROE) was 26.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. WING FOODS A/S's liquidity measured by quick ratio was 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit11 972.2315 816.4438 944.0349 229.6931 381.60
EBIT5 602.767 662.6028 787.5332 353.5318 945.83
Net earnings3 983.045 792.1221 496.7924 213.3513 862.82
Shareholders equity total15 268.1218 060.2437 557.0353 770.3852 633.20
Balance sheet total (assets)36 086.9656 811.2084 580.43102 844.0380 870.35
Net debt3.4711 641.47- 368.47-3 892.01-19 092.91
Profitability
EBIT-%
ROA18.8 %20.3 %42.1 %36.8 %22.3 %
ROE27.2 %34.8 %77.3 %53.0 %26.1 %
ROI35.2 %39.6 %88.1 %75.3 %38.4 %
Economic value added (EVA)3 639.515 383.2721 277.3922 947.4511 984.76
Solvency
Equity ratio42.1 %31.8 %44.4 %52.3 %65.1 %
Gearing16.4 %64.5 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.11.22.13.0
Current ratio1.81.51.72.43.3
Cash and cash equivalents2 503.82676.323 892.0119 092.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:22.3%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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