Vinatic IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Vinatic IVS
Vinatic IVS (CVR number: 36963190) is a company from FREDERIKSBERG. The company reported a net sales of 0 mDKK in 2020, demonstrating a decline of -2.9 % compared to the previous year. The operating profit percentage was at 58.3 % (EBIT: 0 mDKK), while net earnings were 28.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.8 %, which can be considered excellent and Return on Equity (ROE) was 74 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -19.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Vinatic IVS'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.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 26.83 | 40.63 | 50.79 | 49.33 | |
Gross profit | -26.43 | 8.98 | -13.18 | -28.18 | 28.77 |
EBIT | -26.43 | 8.98 | -13.18 | -28.18 | 28.77 |
Net earnings | -26.43 | 8.98 | -15.07 | -28.77 | 28.17 |
Shareholders equity total | -26.43 | -17.45 | -15.44 | -42.08 | -13.06 |
Balance sheet total (assets) | 21.89 | 34.20 | 43.64 | 21.56 | 54.63 |
Net debt | -21.89 | -28.46 | -38.55 | -11.28 | -19.10 |
Profitability | |||||
EBIT-% | 33.5 % | -32.4 % | -55.5 % | 58.3 % | |
ROA | -54.7 % | 18.0 % | -23.8 % | -45.9 % | 43.8 % |
ROE | -120.7 % | 32.0 % | -38.7 % | -88.3 % | 74.0 % |
ROI | -3486.5 % | -7455.0 % | |||
Economic value added (EVA) | -26.43 | 11.41 | -10.64 | -25.51 | 30.83 |
Solvency | |||||
Equity ratio | -54.7 % | -33.8 % | -26.1 % | -66.1 % | -19.3 % |
Gearing | |||||
Relative net indebtedness % | 86.4 % | 50.5 % | 103.1 % | 98.5 % | |
Liquidity | |||||
Quick ratio | 0.5 | 0.7 | 0.7 | 0.2 | 0.7 |
Current ratio | 0.5 | 0.7 | 0.7 | 0.2 | 0.7 |
Cash and cash equivalents | 21.89 | 28.46 | 38.55 | 11.28 | 19.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -65.0 % | -36.1 % | -95.4 % | -39.4 % | |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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