DOWNUNDERWINES A/S — Credit Rating and Financial Key Figures

CVR number: 33251211
Lundsbjerg Industrivej 13, 6200 Aabenraa

Credit rating

Company information

Official name
DOWNUNDERWINES A/S
Personnel
28 persons
Established
2010
Company form
Limited company
Industry

About DOWNUNDERWINES A/S

DOWNUNDERWINES A/S (CVR number: 33251211) is a company from AABENRAA. The company recorded a gross profit of 11.3 mDKK in 2024. The operating profit was 2382.1 kDKK, while net earnings were 1124.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was 32.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 10.7 %, 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. DOWNUNDERWINES A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit3 123.966 408.645 111.8511 295.65
EBIT503.011 212.22- 169.722 382.13
Net earnings902.821 139.4981.861 124.93
Shareholders equity total1 382.632 286.932 368.793 493.72
Balance sheet total (assets)22 350.1426 309.6327 750.9032 691.66
Net debt7 654.5216 417.5320 845.1418 554.42
Profitability
EBIT-%
ROA6.0 %6.2 %0.5 %8.2 %
ROE97.0 %62.1 %3.5 %32.2 %
ROI13.4 %10.3 %0.6 %11.6 %
Economic value added (EVA)171.07455.93-1 078.59-1 169.601 848.84
Solvency
Equity ratio6.2 %8.7 %8.5 %10.7 %
Gearing593.8 %729.6 %880.2 %562.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.30.5
Current ratio1.01.11.11.0
Cash and cash equivalents555.85267.424.031 107.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:8.23%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.7%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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