VINES ERHVERVSMØBLER A/S — Credit Rating and Financial Key Figures

CVR number: 26294142
Katkjærvej 2, Lund 7800 Skive
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Credit rating

Company information

Official name
VINES ERHVERVSMØBLER A/S
Personnel
8 persons
Established
2001
Domicile
Lund
Company form
Limited company
Industry

About VINES ERHVERVSMØBLER A/S

VINES ERHVERVSMØBLER A/S (CVR number: 26294142) is a company from SKIVE. The company recorded a gross profit of 9462.1 kDKK in 2024. The operating profit was 4357.7 kDKK, while net earnings were 3347.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.7 %, which can be considered excellent and Return on Equity (ROE) was 65.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VINES ERHVERVSMØBLER A/S's liquidity measured by quick ratio was 1.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit12 249.5310 622.2110 049.808 671.259 462.08
EBIT7 034.335 441.075 495.323 761.384 357.72
Net earnings5 462.184 213.554 275.512 930.903 347.68
Shareholders equity total7 506.217 219.767 595.276 526.183 673.85
Balance sheet total (assets)12 779.1710 995.7311 759.6212 080.437 002.22
Net debt-4 723.51-4 318.72-5 028.04-2 228.16- 868.92
Profitability
EBIT-%
ROA68.5 %45.8 %48.3 %31.6 %45.7 %
ROE98.9 %57.2 %57.7 %41.5 %65.6 %
ROI127.2 %73.9 %74.2 %53.4 %85.6 %
Economic value added (EVA)5 303.883 871.943 916.952 543.393 019.99
Solvency
Equity ratio58.7 %65.7 %64.6 %54.0 %52.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.32.33.11.91.9
Current ratio2.73.13.72.42.5
Cash and cash equivalents4 723.514 318.725 028.042 228.16868.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:45.7%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.5%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board

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