Varelotteriet A/S — Credit Rating and Financial Key Figures

CVR number: 42971251
Rosbæksvej 5, 2100 København Ø

Credit rating

Company information

Official name
Varelotteriet A/S
Personnel
11 persons
Established
2022
Company form
Limited company
Industry
  • Expand more icon92Gambling and betting activities

About Varelotteriet A/S

Varelotteriet A/S (CVR number: 42971251) is a company from KØBENHAVN. The company reported a net sales of 150 mDKK in 2023, demonstrating a growth of 4.5 % compared to the previous year. The operating profit percentage was at 11.1 % (EBIT: 16.7 mDKK), while net earnings were 29.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent and Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Varelotteriet A/S's liquidity measured by quick ratio was 12.3 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 (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2021
2022
2023
Volume
Net sales145.21143.53150.03
Gross profit19.6625.4223.42
EBIT13.2718.7316.67
Net earnings15.7928.0729.22
Shareholders equity total113.52136.79155.01
Balance sheet total (assets)127.23147.97167.40
Net debt- 120.49- 127.72
Profitability
EBIT-%9.1 %13.0 %11.1 %
ROA10.4 %18.4 %18.7 %
ROE13.9 %22.4 %20.0 %
ROI10.4 %19.2 %20.2 %
Economic value added (EVA)13.277.5915.85
Solvency
Equity ratio100.0 %92.4 %92.6 %
Gearing0.0 %
Relative net indebtedness %-76.2 %-76.9 %
Liquidity
Quick ratio12.212.3
Current ratio12.212.3
Cash and cash equivalents120.51127.72
Capital use efficiency
Trade debtors turnover (days)0.1
Net working capital %23.7 %30.8 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:18.7%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.6%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board
Board member
Board member

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