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

CVR number: 34089175
Hjortehegnet 8, 2800 Kongens Lyngby
info@wingfoods.dk
tel: 28897795
https://www.wingfoods.dk/
Free credit report Annual report

Company information

Official name
WING FOODS A/S
Personnel
26 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 28.8 mDKK in 2024. The operating profit was 12.9 mDKK, while net earnings were 9712.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.8 %, which can be considered excellent and Return on Equity (ROE) was 19 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. WING FOODS A/S's liquidity measured by quick ratio was 1.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit15 816.4438 944.0349 229.6932 831.9128 793.68
EBIT7 662.6028 787.5332 353.5319 299.6812 854.52
Net earnings5 792.1221 496.7924 213.3513 862.829 712.45
Shareholders equity total18 060.2437 557.0353 770.3852 632.9749 345.41
Balance sheet total (assets)56 811.2084 580.43102 844.0380 998.1999 920.03
Net debt11 641.47- 368.47-3 879.50-19 092.79-2 908.27
Profitability
EBIT-%
ROA20.3 %42.1 %36.8 %22.8 %15.8 %
ROE34.8 %77.3 %53.0 %26.1 %19.0 %
ROI39.6 %88.1 %75.3 %39.4 %28.0 %
Economic value added (EVA)5 115.9020 692.4122 898.0012 059.207 373.00
Solvency
Equity ratio31.8 %44.4 %52.3 %65.0 %49.4 %
Gearing64.5 %0.8 %0.0 %0.0 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.22.12.51.7
Current ratio1.51.72.42.81.9
Cash and cash equivalents676.323 892.0119 092.913 307.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:15.8%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.4%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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