VINGLASSET ApS — Credit Rating and Financial Key Figures

VINGLASSET ApS (CVR number: 20331399) is a company from VEJLE. The company recorded a gross profit of 160.9 kDKK in 2017. The operating profit was -118.1 kDKK, while net earnings were -105.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.8 %, which can be considered poor and Return on Equity (ROE) was -32.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VINGLASSET 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.