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Fair Trade Wine ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fair Trade Wine ApS
Fair Trade Wine ApS (CVR number: 41187344) is a company from REBILD. The company recorded a gross profit of -10.6 kDKK in 2024. The operating profit was -10.6 kDKK, while net earnings were -8.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.5 %, which can be considered poor and Return on Equity (ROE) was -28.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.4 %, 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. Fair Trade Wine ApS's liquidity measured by quick ratio was 1.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 9.23 | -8.19 | 2.20 | -9.66 | -10.60 |
| EBIT | 9.23 | -8.19 | 2.20 | -9.66 | -10.60 |
| Net earnings | 6.84 | -6.83 | 1.47 | -7.54 | -8.58 |
| Shareholders equity total | 46.84 | 40.00 | 41.47 | 33.94 | 25.36 |
| Balance sheet total (assets) | 154.28 | 144.82 | 116.87 | 123.76 | 124.24 |
| Net debt | 47.43 | 62.45 | 54.42 | 82.43 | 93.67 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 6.0 % | -5.5 % | 1.7 % | -8.0 % | -8.5 % |
| ROE | 14.6 % | -15.7 % | 3.6 % | -20.0 % | -28.9 % |
| ROI | 6.3 % | -5.8 % | 1.9 % | -9.0 % | -8.9 % |
| Economic value added (EVA) | 7.21 | -13.73 | -4.72 | -12.36 | -14.24 |
| Solvency | |||||
| Equity ratio | 30.4 % | 27.6 % | 35.5 % | 27.4 % | 20.4 % |
| Gearing | 211.7 % | 244.0 % | 131.2 % | 250.0 % | 370.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.6 | 0.6 | 1.6 | 1.4 | 1.3 |
| Current ratio | 1.4 | 1.4 | 1.6 | 1.4 | 1.3 |
| Cash and cash equivalents | 51.72 | 35.16 | 2.39 | 0.21 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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