VIN-IT ApS — Credit Rating and Financial Key Figures

CVR number: 36477598
Rosmosevej 7, Sinding 7400 Herning

Credit rating

Company information

Official name
VIN-IT ApS
Personnel
1 person
Established
2015
Domicile
Sinding
Company form
Private limited company
Industry
  • Expand more icon474000

About VIN-IT ApS

VIN-IT ApS (CVR number: 36477598) is a company from HERNING. The company recorded a gross profit of 180.8 kDKK in 2024. The operating profit was 134.6 kDKK, while net earnings were -21.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was -6.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 6.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VIN-IT ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit322.4586.29- 155.41350.40180.83
EBIT223.1050.18- 194.72302.22134.64
Net earnings43.59-31.5296.28115.66-21.10
Shareholders equity total136.43104.91201.20316.86295.76
Balance sheet total (assets)5 381.045 414.184 688.754 988.164 701.48
Net debt2 972.512 969.474 239.114 176.784 094.63
Profitability
EBIT-%
ROA4.1 %0.9 %4.9 %6.2 %2.8 %
ROE38.0 %-26.1 %62.9 %44.7 %-6.9 %
ROI6.7 %1.6 %6.5 %6.7 %3.0 %
Economic value added (EVA)48.75-83.27- 267.26138.4716.79
Solvency
Equity ratio2.5 %1.9 %4.3 %6.5 %6.4 %
Gearing2178.7 %2830.4 %2107.0 %1318.2 %1384.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.10.30.1
Current ratio0.50.50.40.40.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:2.78%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.43%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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