DANSK VIN IMPORT IVS — Credit Rating and Financial Key Figures

DANSK VIN IMPORT IVS (CVR number: 36199482) is a company from HJØRRING. The company recorded a gross profit of 3.7 kDKK in 2019. The operating profit was 3.7 kDKK, while net earnings were 2.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.2 %, which can be considered excellent and Return on Equity (ROE) was 59.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.1 %, 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. DANSK VIN IMPORT IVS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.