Passion For Wine ApS — Credit Rating and Financial Key Figures

Passion For Wine ApS (CVR number: 39823896) is a company from HALSNÆS. The company reported a net sales of -0 mDKK in 2021, demonstrating a decline of 132.8 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: 0 mDKK), while net earnings were 0.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 134.5 %, which can be considered excellent and Return on Equity (ROE) was 95.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.4 %, 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. Passion For Wine ApS's liquidity measured by quick ratio was 2.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.