VINDING TRADING ApS — Credit Rating and Financial Key Figures

CVR number: 15113405
Odinsvej 11, 7200 Grindsted

Company information

Official name
VINDING TRADING ApS
Established
1991
Company form
Private limited company
Industry

About VINDING TRADING ApS

VINDING TRADING ApS (CVR number: 15113405) is a company from BILLUND. The company recorded a gross profit of 5.9 kDKK in 2023. The operating profit was -43.4 kDKK, while net earnings were -125.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VINDING TRADING 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
Gross profit-10.38-9.13-6.50164.695.92
EBIT-10.38-9.13-6.50163.19-43.42
Net earnings- 439.371 642.852 427.75- 179.99- 125.95
Shareholders equity total2 063.143 595.395 910.145 615.755 372.01
Balance sheet total (assets)2 351.614 202.387 156.488 356.917 249.39
Net debt280.90409.53543.471 487.541 748.66
Profitability
EBIT-%
ROA-16.3 %50.3 %42.9 %-1.4 %-0.9 %
ROE-18.3 %58.1 %51.1 %-3.1 %-2.3 %
ROI-16.7 %51.9 %46.6 %-1.4 %-0.9 %
Economic value added (EVA)82.1761.35153.14414.23297.58
Solvency
Equity ratio87.7 %85.6 %82.6 %67.2 %74.1 %
Gearing13.7 %11.4 %9.2 %48.3 %32.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.30.60.50.0
Current ratio0.00.30.60.50.0
Cash and cash equivalents1.320.310.311 224.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:-0.89%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.1%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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