HPS, VARDE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About HPS, VARDE A/S
HPS, VARDE A/S (CVR number: 36409428) is a company from VARDE. The company recorded a gross profit of -24.8 kDKK in 2022. The operating profit was -44.8 kDKK, while net earnings were -65.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HPS, VARDE A/S's liquidity measured by quick ratio was 44.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 240.72 | 14 628.94 | 163.27 | -49.67 | -24.75 |
EBIT | 1 150.52 | 13 357.95 | 158.79 | -49.67 | -44.75 |
Net earnings | 890.17 | 11 230.70 | 44.04 | -26.10 | -65.48 |
Shareholders equity total | 7 525.75 | 18 540.45 | 2 584.49 | 1 058.39 | 992.91 |
Balance sheet total (assets) | 12 043.08 | 24 298.94 | 2 620.69 | 1 081.39 | 1 015.92 |
Net debt | 1 023.33 | 616.64 | -2 362.67 | - 810.43 | - 917.56 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.6 % | 73.8 % | 1.3 % | -0.8 % | -3.9 % |
ROE | 12.4 % | 86.2 % | 0.4 % | -1.4 % | -6.4 % |
ROI | 11.4 % | 85.4 % | 1.5 % | -0.8 % | -4.0 % |
Economic value added (EVA) | 485.34 | 10 875.21 | - 785.29 | -60.82 | -57.21 |
Solvency | |||||
Equity ratio | 62.5 % | 76.3 % | 98.6 % | 97.9 % | 97.7 % |
Gearing | 30.3 % | 9.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 4.2 | 65.5 | 37.2 | 44.2 |
Current ratio | 1.1 | 4.2 | 72.4 | 47.0 | 44.2 |
Cash and cash equivalents | 1 259.40 | 1 107.94 | 2 362.67 | 810.43 | 917.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | B | BB | B | B |
Variable visualization
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