ECO NORDIC WINE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ECO NORDIC WINE ApS
ECO NORDIC WINE ApS (CVR number: 35682767) is a company from VORDINGBORG. The company recorded a gross profit of -45 kDKK in 2022. The operating profit was -73.8 kDKK, while net earnings were -73.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.5 %, which can be considered poor and Return on Equity (ROE) was -61.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ECO NORDIC WINE ApS's liquidity measured by quick ratio was 2.6 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 27.00 | 44.00 | 81.00 | 122.00 | -44.96 |
EBIT | 6.00 | 20.00 | 62.00 | 91.00 | -73.78 |
Net earnings | 6.00 | 11.00 | 47.00 | 70.00 | -73.54 |
Shareholders equity total | 28.00 | 41.00 | 87.00 | 156.00 | 82.97 |
Balance sheet total (assets) | 235.00 | 177.00 | 243.00 | 352.00 | 133.44 |
Net debt | 54.00 | 52.00 | -41.00 | - 110.00 | -48.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.1 % | 9.7 % | 30.5 % | 31.3 % | -29.5 % |
ROE | 25.0 % | 31.9 % | 73.4 % | 57.6 % | -61.6 % |
ROI | 3.1 % | 12.4 % | 50.0 % | 64.8 % | -50.1 % |
Economic value added (EVA) | 8.81 | 17.98 | 49.17 | 69.62 | -75.04 |
Solvency | |||||
Equity ratio | 11.9 % | 23.2 % | 35.8 % | 44.3 % | 62.2 % |
Gearing | 528.6 % | 256.1 % | 26.4 % | 13.5 % | 31.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 0.7 | 0.9 | 2.6 |
Current ratio | 1.1 | 1.3 | 1.6 | 1.8 | 2.6 |
Cash and cash equivalents | 94.00 | 53.00 | 64.00 | 131.00 | 74.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | B |
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