Vang Vind ApS — Credit Rating and Financial Key Figures

CVR number: 39621878
Furvej 13, 7680 Thyborøn

Credit rating

Company information

Official name
Vang Vind ApS
Established
2018
Company form
Private limited company
Industry

About Vang Vind ApS

Vang Vind ApS (CVR number: 39621878) is a company from LEMVIG. The company recorded a gross profit of -4.7 kDKK in 2023. The operating profit was -74.4 kDKK, while net earnings were 25.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 17.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.9 %, 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. Vang Vind ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales-5.04
Gross profit-5.04-4.55-3.55-3.70-4.70
EBIT-51.03-52.23-51.24-57.25-74.38
Net earnings21.9722.0414.7146.3325.66
Shareholders equity total48.8670.9085.60131.94157.60
Balance sheet total (assets)901.83852.69915.731 208.971 133.17
Net debt839.27761.51806.101 039.67932.12
Profitability
EBIT-%
ROA5.9 %5.8 %4.7 %8.2 %6.5 %
ROE58.0 %36.8 %18.8 %42.6 %17.7 %
ROI5.9 %5.8 %4.7 %8.2 %6.5 %
Economic value added (EVA)-42.52-40.67-44.42-48.76-66.73
Solvency
Equity ratio5.4 %8.3 %9.3 %10.9 %13.9 %
Gearing1717.8 %1074.1 %941.7 %788.0 %591.4 %
Relative net indebtedness %-16635.7 %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %16262.0 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.46%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.9%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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