Vin & Vin Ringsted ApS — Credit Rating and Financial Key Figures

Vin & Vin Ringsted ApS (CVR number: 40235140) is a company from RINGSTED. The company recorded a gross profit of 822.4 kDKK in 2023. The operating profit was 162.6 kDKK, while net earnings were 106.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 17.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Vin & Vin Ringsted ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.