Venner&Vin ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Venner&Vin ApS
Venner&Vin ApS (CVR number: 41350113) is a company from KØBENHAVN. The company recorded a gross profit of 23.8 kDKK in 2023, demonstrating a growth of 0 % compared to the previous year. The operating profit was 23.8 kDKK, while net earnings were 23.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 37.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Venner&Vin ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 345.78 | 318.87 | 227.37 | |
Gross profit | 12.88 | -29.55 | -48.31 | 23.82 |
EBIT | 12.88 | -29.55 | -48.31 | 23.82 |
Net earnings | 10.05 | -29.57 | -47.89 | 23.69 |
Shareholders equity total | 132.88 | 100.50 | 51.76 | 75.45 |
Balance sheet total (assets) | 222.50 | 153.40 | 221.26 | 253.07 |
Net debt | -94.42 | 13.68 | 11.11 | 49.56 |
Profitability | ||||
EBIT-% | 3.7 % | -9.3 % | -21.2 % | |
ROA | 5.8 % | -15.7 % | -25.8 % | 10.0 % |
ROE | 7.6 % | -25.3 % | -62.9 % | 37.2 % |
ROI | 9.7 % | -23.8 % | -33.7 % | 12.8 % |
Economic value added (EVA) | 10.05 | -31.46 | -53.32 | 30.73 |
Solvency | ||||
Equity ratio | 59.7 % | 65.5 % | 23.4 % | 29.8 % |
Gearing | 0.4 % | 14.4 % | 232.5 % | 166.4 % |
Relative net indebtedness % | -1.5 % | 16.3 % | 26.5 % | |
Liquidity | ||||
Quick ratio | 1.4 | 0.1 | 0.8 | 0.7 |
Current ratio | 2.5 | 2.9 | 1.3 | 1.4 |
Cash and cash equivalents | 94.95 | 0.80 | 109.26 | 75.97 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 32.4 | 3.9 | 51.0 | |
Net working capital % | 38.4 % | 31.5 % | 22.8 % | |
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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