Pannonvin Danmark IVS — Credit Rating and Financial Key Figures

Pannonvin Danmark IVS (CVR number: 39544458) is a company from AALBORG. The company reported a net sales of 0.1 mDKK in 2020, demonstrating a decline of -1.9 % compared to the previous year. The operating profit percentage was poor at -34.9 % (EBIT: -0 mDKK), while net earnings were -21.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.1 %, which can be considered poor and Return on Equity (ROE) was -26.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -88.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Pannonvin Danmark IVS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.