Varelotteriet A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 145.21 | 143.53 | 150.03 |
Gross profit | 19.66 | 25.42 | 23.42 |
EBIT | 13.27 | 18.73 | 16.67 |
Net earnings | 15.79 | 28.07 | 29.22 |
Shareholders equity total | 113.52 | 136.79 | 155.01 |
Balance sheet total (assets) | 127.23 | 147.97 | 167.40 |
Net debt | - 120.49 | - 127.72 | |
Profitability | |||
EBIT-% | 9.1 % | 13.0 % | 11.1 % |
ROA | 10.4 % | 18.4 % | 18.7 % |
ROE | 13.9 % | 22.4 % | 20.0 % |
ROI | 10.4 % | 19.2 % | 20.2 % |
Economic value added (EVA) | 13.27 | 7.59 | 15.85 |
Solvency | |||
Equity ratio | 100.0 % | 92.4 % | 92.6 % |
Gearing | 0.0 % | ||
Relative net indebtedness % | -76.2 % | -76.9 % | |
Liquidity | |||
Quick ratio | 12.2 | 12.3 | |
Current ratio | 12.2 | 12.3 | |
Cash and cash equivalents | 120.51 | 127.72 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 0.1 | ||
Net working capital % | 23.7 % | 30.8 % | |
Credit risk | |||
Credit rating | BBB | AA | AA |
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