RARE WINE A/S — Credit Rating and Financial Key Figures

CVR number: 29781524
Industrivej 20, Vester Hassing 9310 Vodskov
tel: 24244910

Credit rating

Company information

Official name
RARE WINE A/S
Personnel
36 persons
Established
2006
Domicile
Vester Hassing
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
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 earnings63 724.32-9.007.375.8019.30
Shareholders equity total685.00676.00683.37689.17708.47
Balance sheet total (assets)700.00716.00725.45732.88732.00
Net debt25.0011.6023.09-0.78
Profitability
EBIT-%
ROA121.8 %-1.6 %1.3 %1.2 %3.4 %
ROE299.6 %-1.3 %1.1 %0.8 %2.8 %
ROI174.8 %-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 ratio97.9 %94.4 %94.2 %94.0 %96.8 %
Gearing3.7 %3.7 %3.6 %
Relative net indebtedness %
Liquidity
Quick ratio46.717.917.216.848.8
Current ratio46.717.917.216.848.8
Cash and cash equivalents13.401.910.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:3.38%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.8%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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