RARE WINE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RARE WINE A/S
RARE WINE A/S (CVR number: 29781524) is a company from AALBORG. The company recorded a gross profit of -13.7 kDKK in 2023. The operating profit was -13.7 kDKK, while net earnings were 19.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RARE WINE A/S's liquidity measured by quick ratio was 48.8 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -15.00 | -25.00 | -11.58 | -12.18 | -13.65 |
EBIT | -15.00 | -25.00 | -11.58 | -12.18 | -13.65 |
Net earnings | 63 724.32 | -9.00 | 7.37 | 5.80 | 19.30 |
Shareholders equity total | 685.00 | 676.00 | 683.37 | 689.17 | 708.47 |
Balance sheet total (assets) | 700.00 | 716.00 | 725.45 | 732.88 | 732.00 |
Net debt | 25.00 | 11.60 | 23.09 | -0.78 | |
Profitability | |||||
EBIT-% | |||||
ROA | 121.8 % | -1.6 % | 1.3 % | 1.2 % | 3.4 % |
ROE | 299.6 % | -1.3 % | 1.1 % | 0.8 % | 2.8 % |
ROI | 174.8 % | -1.6 % | 1.3 % | 1.2 % | 3.5 % |
Economic value added (EVA) | -3 053.82 | -54.88 | -43.01 | -43.17 | -45.18 |
Solvency | |||||
Equity ratio | 97.9 % | 94.4 % | 94.2 % | 94.0 % | 96.8 % |
Gearing | 3.7 % | 3.7 % | 3.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 46.7 | 17.9 | 17.2 | 16.8 | 48.8 |
Current ratio | 46.7 | 17.9 | 17.2 | 16.8 | 48.8 |
Cash and cash equivalents | 13.40 | 1.91 | 0.78 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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