MULTI-WING INTERNATIONAL A/S — Credit Rating and Financial Key Figures

CVR number: 11959598
Staktoften 16, Trørød 2950 Vedbæk

Company information

Official name
MULTI-WING INTERNATIONAL A/S
Personnel
34 persons
Established
1987
Domicile
Trørød
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales264 916.00225 941.00
Gross profit56 157.0041 685.0067 913.0011 658.0046 287.00
EBIT32 680.0018 972.0042 287.00-22 649.002 715.00
Net earnings27 564.0014 637.0032 372.00-19 194.006 442.00
Shareholders equity total42 938.0027 574.0044 946.009 752.0016 194.00
Balance sheet total (assets)125 391.00113 396.00113 356.00152 969.00184 060.00
Net debt48 803.0099 846.00
Profitability
EBIT-%-8.5 %1.2 %
ROA30.3 %15.9 %37.3 %-16.2 %1.9 %
ROE68.5 %41.5 %89.3 %-70.2 %49.7 %
ROI34.0 %15.9 %37.3 %-22.7 %3.0 %
Economic value added (EVA)31 260.3416 814.3740 901.41-20 353.233 077.87
Solvency
Equity ratio100.0 %100.0 %100.0 %6.4 %8.8 %
Gearing637.3 %666.0 %
Relative net indebtedness %47.4 %64.6 %
Liquidity
Quick ratio0.60.5
Current ratio0.80.6
Cash and cash equivalents13 349.008 014.00
Capital use efficiency
Trade debtors turnover (days)2.63.3
Net working capital %-11.2 %-27.6 %
Credit risk
Credit ratingBBBABBBBBBAA

Variable visualization

ROA:1.89%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.80%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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