Volsted Destilleri ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Volsted Destilleri ApS
Volsted Destilleri ApS (CVR number: 39282135) is a company from AALBORG. The company recorded a gross profit of 1205.1 kDKK in 2023. The operating profit was -309 kDKK, while net earnings were -249.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.4 %, which can be considered poor and Return on Equity (ROE) was -22.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.8 %, 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. Volsted Destilleri 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 210.81 | 1 265.95 | 2 316.95 | 1 573.07 | 1 205.07 |
EBIT | 209.36 | 925.69 | 786.36 | 82.09 | - 308.99 |
Net earnings | 161.32 | 715.15 | 597.98 | 52.40 | - 249.37 |
Shareholders equity total | 223.34 | 878.49 | 1 363.48 | 1 301.49 | 934.32 |
Balance sheet total (assets) | 384.91 | 1 981.79 | 2 520.33 | 2 304.54 | 1 994.80 |
Net debt | - 220.22 | - 985.76 | -1 153.06 | - 743.58 | - 778.12 |
Profitability | |||||
EBIT-% | |||||
ROA | 75.7 % | 78.2 % | 34.9 % | 3.4 % | -14.4 % |
ROE | 113.1 % | 129.8 % | 53.3 % | 3.9 % | -22.3 % |
ROI | 119.1 % | 167.1 % | 70.0 % | 6.2 % | -27.7 % |
Economic value added (EVA) | 165.70 | 720.38 | 617.84 | 51.99 | - 269.68 |
Solvency | |||||
Equity ratio | 58.0 % | 44.3 % | 54.1 % | 56.5 % | 46.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.3 | 1.3 | 1.4 | 1.1 |
Current ratio | 2.2 | 1.4 | 1.8 | 1.9 | 1.5 |
Cash and cash equivalents | 220.22 | 985.76 | 1 153.06 | 743.58 | 778.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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