I.C.HOLM. VARDE ApS — Credit Rating and Financial Key Figures

I.C.HOLM. VARDE ApS (CVR number: 75241011) is a company from VARDE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 73.1 kDKK, while net earnings were 55.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.4 %, 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. I.C.HOLM. VARDE ApS's liquidity measured by quick ratio was 1.6 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.