MULTI-WING INTERNATIONAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About MULTI-WING INTERNATIONAL A/S
MULTI-WING INTERNATIONAL A/S (CVR number: 11959598) is a company from RUDERSDAL. The company reported a net sales of 225.9 mDKK in 2023, demonstrating a decline of -14.7 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 2.7 mDKK), while net earnings were 6442 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was 49.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.8 %, 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. MULTI-WING INTERNATIONAL A/S's liquidity measured by quick ratio was 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 264 916.00 | 225 941.00 | |||
Gross profit | 56 157.00 | 41 685.00 | 67 913.00 | 11 658.00 | 46 287.00 |
EBIT | 32 680.00 | 18 972.00 | 42 287.00 | -22 649.00 | 2 715.00 |
Net earnings | 27 564.00 | 14 637.00 | 32 372.00 | -19 194.00 | 6 442.00 |
Shareholders equity total | 42 938.00 | 27 574.00 | 44 946.00 | 9 752.00 | 16 194.00 |
Balance sheet total (assets) | 125 391.00 | 113 396.00 | 113 356.00 | 152 969.00 | 184 060.00 |
Net debt | 48 803.00 | 99 846.00 | |||
Profitability | |||||
EBIT-% | -8.5 % | 1.2 % | |||
ROA | 30.3 % | 15.9 % | 37.3 % | -16.2 % | 1.9 % |
ROE | 68.5 % | 41.5 % | 89.3 % | -70.2 % | 49.7 % |
ROI | 34.0 % | 15.9 % | 37.3 % | -22.7 % | 3.0 % |
Economic value added (EVA) | 31 260.34 | 16 814.37 | 40 901.41 | -20 353.23 | 3 077.87 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 6.4 % | 8.8 % |
Gearing | 637.3 % | 666.0 % | |||
Relative net indebtedness % | 47.4 % | 64.6 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | |||
Current ratio | 0.8 | 0.6 | |||
Cash and cash equivalents | 13 349.00 | 8 014.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.6 | 3.3 | |||
Net working capital % | -11.2 % | -27.6 % | |||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | AA |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.