VIN-NOVATION ApS — Credit Rating and Financial Key Figures

CVR number: 30531930
Kalvetoft 9, Ullerup 6400 Sønderborg
vin-novation@live.dk
tel: 52301105

Company information

Official name
VIN-NOVATION ApS
Established
2008
Domicile
Ullerup
Company form
Private limited company
Industry

About VIN-NOVATION ApS

VIN-NOVATION ApS (CVR number: 30531930) is a company from SØNDERBORG. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -30.7 % compared to the previous year. The operating profit percentage was at 11.3 % (EBIT: 0 mDKK), while net earnings were 0.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VIN-NOVATION ApS's liquidity measured by quick ratio was 4211.3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales33.9833.512.8744.7631.03
Gross profit-17.480.30-9.883.593.49
EBIT-17.480.30-9.883.593.49
Net earnings-17.610.14-9.990.570.49
Shareholders equity total75.6375.7765.8166.3766.86
Balance sheet total (assets)76.1679.5165.8167.9766.87
Net debt-31.16-74.14-59.30-16.70-31.82
Profitability
EBIT-%-51.4 %0.9 %-343.9 %8.0 %11.3 %
ROA-20.6 %0.4 %-13.6 %5.4 %5.2 %
ROE-20.9 %0.2 %-14.1 %0.9 %0.7 %
ROI-20.7 %0.4 %-14.0 %5.4 %5.2 %
Economic value added (EVA)-15.740.24-8.684.561.79
Solvency
Equity ratio99.3 %95.3 %100.0 %97.7 %100.0 %
Gearing
Relative net indebtedness %-90.2 %-210.1 %-2063.3 %-33.8 %-102.5 %
Liquidity
Quick ratio101.220.132.24 211.3
Current ratio145.921.242.76 079.1
Cash and cash equivalents31.1674.1459.3016.7031.82
Capital use efficiency
Trade debtors turnover (days)232.513.8107.6280.9170.6
Net working capital %222.6 %226.1 %2289.7 %148.3 %215.5 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:5.18%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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