First Wine CPH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About First Wine CPH ApS
First Wine CPH ApS (CVR number: 30490185) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -98.2 % compared to the previous year. The operating profit percentage was at 1.7 % (EBIT: 0 mDKK), while net earnings were -2.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.5 %, 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. First Wine CPH ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 183.48 | 961.27 | 17.70 | ||
Gross profit | -38.12 | 537.55 | -14.66 | 826.96 | 0.29 |
EBIT | -38.12 | 537.55 | -14.66 | 386.96 | 0.29 |
Net earnings | -37.06 | 629.68 | -0.84 | 344.92 | -2.17 |
Shareholders equity total | -98.82 | 599.66 | 138.82 | 483.74 | 136.58 |
Balance sheet total (assets) | 193.37 | 1 126.62 | 376.88 | 1 258.51 | 329.49 |
Net debt | 69.34 | 305.96 | -2.30 | 50.39 | 129.16 |
Profitability | |||||
EBIT-% | -8.0 % | 40.3 % | 1.7 % | ||
ROA | -21.5 % | 88.6 % | 0.1 % | 47.3 % | 0.0 % |
ROE | -38.2 % | 158.8 % | -0.2 % | 110.8 % | -0.7 % |
ROI | -59.3 % | 127.3 % | 0.2 % | 92.7 % | 0.1 % |
Economic value added (EVA) | -33.92 | 543.73 | -44.19 | 347.04 | -15.87 |
Solvency | |||||
Equity ratio | -33.8 % | 53.2 % | 36.8 % | 38.4 % | 41.5 % |
Gearing | -70.2 % | 53.0 % | 43.9 % | 105.5 % | |
Relative net indebtedness % | 128.5 % | 63.7 % | 1005.5 % | ||
Liquidity | |||||
Quick ratio | 0.2 | 2.0 | 1.4 | 1.5 | 1.1 |
Current ratio | 0.7 | 2.1 | 1.6 | 1.6 | 1.7 |
Cash and cash equivalents | 11.97 | 2.30 | 162.06 | 14.95 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 133.3 | 299.8 | 282.3 | ||
Net working capital % | 75.7 % | 50.3 % | 771.6 % | ||
Credit risk | |||||
Credit rating | BB | BB | B | BB | BB |
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