VINDING ET CO. A/S — Credit Rating and Financial Key Figures

CVR number: 25871294
Odinsvej 11, 7200 Grindsted
vinding@vindingetco.dk
tel: 75310211
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Company information

Official name
VINDING ET CO. A/S
Personnel
11 persons
Established
2001
Company form
Limited company
Industry

About VINDING ET CO. A/S

VINDING ET CO. A/S (CVR number: 25871294) is a company from BILLUND. The company recorded a gross profit of 3691.1 kDKK in 2023. The operating profit was -153.1 kDKK, while net earnings were -26.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.5 %, 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. VINDING ET CO. A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 409.235 867.357 175.454 037.533 691.10
EBIT- 679.231 842.302 720.23- 655.52- 153.07
Net earnings- 426.971 616.272 396.81- 267.28-26.16
Shareholders equity total2 339.323 996.706 439.566 169.464 143.30
Balance sheet total (assets)9 397.0311 429.1310 994.2010 883.708 369.86
Net debt3 719.08-2 610.54-1 714.843 287.221 420.96
Profitability
EBIT-%
ROA-2.8 %20.7 %27.9 %-1.9 %2.5 %
ROE-16.4 %51.0 %45.9 %-4.2 %-0.5 %
ROI-4.3 %40.6 %57.7 %-2.5 %3.1 %
Economic value added (EVA)- 652.761 319.872 040.56- 782.74- 490.63
Solvency
Equity ratio24.9 %35.0 %58.6 %56.7 %49.5 %
Gearing163.2 %0.3 %0.3 %54.4 %36.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.71.11.10.9
Current ratio1.21.42.32.21.9
Cash and cash equivalents97.972 620.541 733.7371.17104.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:2.48%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.5%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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